X MSCI World Quality Fund

X MSCI World Quality Fund is an exchange-traded fund (ETF) designed to track the performance of the MSCI World Quality Index. This index is composed of global companies characterized by high return on equity, stable year-over-year earnings growth, and low financial leverage. The fund's primary function is to provide investors with exposure to a basket of high-quality, large- and mid-cap stocks from developed markets around the world. Notable features of the MSCI World Quality Fund include diversification across various countries and sectors, thus enabling investors to gain access to quality companies across diverse market conditions. The fund primarily impacts industries such as technology, consumer discretionary, healthcare, and financials, among others, given its global reach and selective stock criteria. In the financial market, the X MSCI World Quality Fund plays a critical role by offering a simplified means for investors to gain exposure to a discerning selection of the world's most robustly managed and profitable corporations, while also aiming to mitigate risks through its focus on quality metrics. The ETF's presence in portfolios can potentially contribute to elevated stability and performance consistency over time.