Overview
Description
The Invesco MSCI Saudi Arabia ETF is a type of exchange-traded fund that aims to track the performance of the MSCI Saudi Arabia Investable Market Index. This ETF provides investors exposure to a broad range of companies within the Saudi Arabian economy, encompassing various sectors such as financials, energy, materials, and telecommunications. As one of the few ETFs focused solely on this dynamic Middle Eastern economy, it offers a unique opportunity for investors seeking diversification by geographic location. The fund's primary purpose is to offer market participants access to Saudi Arabia's growing market, driven largely by initiatives under the Vision 2030 framework, which emphasizes economic diversification and privatization. In this context, the Invesco MSCI Saudi Arabia ETF plays a crucial role in providing international investors with a cost-effective and liquid way to invest in the kingdom's evolving market landscape.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON