Overview
Description
The X MSCI Africa Top 50 Swap 1C Mutual Fund is a financial instrument designed to provide investors with exposure to a diversified portfolio of leading companies across the African continent. This mutual fund aims to replicate the performance of the MSCI Africa Top 50 Index, which comprises the top 50 companies by market capitalization in Africa. By utilizing a swap-based strategy, this fund seeks to offer a cost-effective solution with efficient index tracking.
Notable features of the X MSCI Africa Top 50 Swap 1C include its wide coverage across multiple sectors, such as financials, telecommunications, and consumer goods, reflecting the dynamic economic landscape of Africa. This diversity allows investors to gain a broad perspective on the opportunities and challenges within one of the world's fastest-growing markets.
The fund plays a significant role in the market by providing access to the potential growth and development in African markets, which are often underrepresented in traditional global investment portfolios. It is a valuable tool for those seeking to diversify their investments with a focus on emerging economies and tapping into the economic potential of the continent.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XHAM