Overview
Description
FTSE MIB Mutual Fund is a financial investment vehicle designed to emulate and gain exposure to the FTSE MIB Index, which represents the 40 largest and most liquid companies listed on the Borsa Italiana, Italy's primary stock exchange. This mutual fund allows investors to participate in the broader Italian equity market by pooling resources to invest in a diversified portfolio of stocks that make up the index. As a cornerstone of the Italian financial market, the FTSE MIB Mutual Fund encompasses significant sectors like financials, energy, consumer products, and industrials, thereby reflecting the economic landscape of Italy. The fund provides investors with an efficient way to achieve diversification across multiple Italian industries while offering the potential for long-term growth aligned with market movements. Serving as a barometer of Italy's economic health, its performance can have implications for both domestic and international investors seeking exposure to European equities.
About
Address
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Phone
2203-8888
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL