Overview
Description
The HSBC Euro STOXX 50 UCITS ETF is an exchange-traded fund specifically designed to provide exposure to the performance of top blue-chip companies in the Eurozone. By tracking the Euro STOXX 50 Index, this ETF encompasses 50 of the largest, most liquid stocks in the region, representing industry leaders across sectors. These sectors include, but are not limited to, financials, energy, consumer goods, and technology, offering a well-rounded snapshot of Eurozone market dynamics.
The primary function of this fund is to mirror the movements of the Euro STOXX 50 Index as closely as possible. By doing so, it allows investors to gain diversified exposure to the economic fortunes of the Euro area through a singular investment vehicle. Structured as a UCITS (Undertakings for the Collective Investment in Transferable Securities) fund, it adheres to stringent European regulatory standards, providing transparency and investor protection.
The ETF plays a significant role in the financial market by enabling institutional and retail investors to access a diversified basket of European equities effortlessly while enjoying advantages such as liquidity, cost-efficiency, and the ability to trade on major stock exchanges like any ordinary stock.
About
Address
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Phone
(02)2325-7888
Website
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Instrument type
ETF
Country
France
MIC code
XPAR