X S&P/ASX 200 1D Mutual Fund

X S&P/ASX 200 1D Mutual Fund is an investment fund designed to provide investors with exposure to the top 200 companies by market capitalization listed on the Australian Securities Exchange (ASX). This mutual fund's primary purpose is to track the performance of the S&P/ASX 200 Index, which serves as the benchmark for the Australian equity market. By investing in the X S&P/ASX 200 1D Mutual Fund, investors gain diversified access to multiple sectors, including banking, mining, healthcare, telecommunications, and consumer goods. This allows participants to potentially benefit from the economic growth and stability within Australia’s economy. Managed by a professional team, the fund rebalances its portfolio in line with changes to the index, ensuring alignment with its composition. As an instrument in the financial markets, it plays a significant role for both domestic and international investors seeking to diversify their portfolios by including Australian equities. The fund offers a simple and efficient way to invest in a wide range of securities with broad sector representation in a single investment."