Overview
Description
The Principal FTSE ASEAN 40 Malaysia Fund is an exchange-traded fund (ETF) designed to track the performance of the FTSE/ASEAN 40 Index. This index comprises the top 40 blue-chip companies across five ASEAN countries: Malaysia, Singapore, Thailand, Indonesia, and the Philippines. The primary purpose of this fund is to provide investors with exposure to a diverse range of industries within the dynamic and rapidly growing ASEAN region, including sectors such as financials, telecommunications, and consumer goods. As an ETF, it offers liquidity and the benefits of diversification by containing a basket of stocks that are traded on major exchanges. The Principal FTSE ASEAN 40 Malaysia Fund plays a significant role in the financial market by serving as a valuable tool for investors seeking growth opportunities in Southeast Asia, providing an accessible entry point for both retail and institutional investors interested in the economic potential of the ASEAN nations.
About
CEO
Employees
0
Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
Malaysia
MIC code
XKLS