Overview
Description
The X FTSE 100 Income Fund is a mutual fund that focuses on providing investors with income and capital growth by primarily investing in shares of companies listed on the FTSE 100 Index. This index includes the 100 largest companies by market capitalization listed on the London Stock Exchange, spanning diverse sectors such as financials, consumer goods, energy, and healthcare. The primary function of the Fund is to generate a stream of income for investors through dividend payouts, complemented by the potential for capital appreciation.
Its portfolio typically includes stakes in blue-chip companies known for solid earnings and reliable dividend payments, making it a staple for investors seeking consistent income. By leveraging the stability and market presence of top British and multinational corporations, the X FTSE 100 Income Fund plays a critical role in offering a balanced investment solution that combines market exposure with regular income potential. Its significance lies in providing access to the United Kingdom's most dynamic and robust market entities while promoting financial diversification across lucrative sectors.
About
Address
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Phone
2203-8888
Website
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Instrument type
ETF
Country
Germany
MIC code
XMUN