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YFPJ

89.89000 EUR
0.32
0.35%
Last update Jun 6, 8:24 AM CEST
Market closed
Day range
89.89000
89.89000
Previous close
90.21000
Open
89.89000
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FIVV Mikrofinanzfonds Mandat China
89.89
0.32
0.35%

Overview

Description

FIVV Mikrofinanzfonds Mandat China is a specialized investment fund focusing on microfinance initiatives within China. It primarily serves the purpose of channeling capital into microfinance institutions that play a pivotal role in providing financial services to underserved communities and small enterprises. Microfinance is a critical economic tool, especially in emerging markets like China, where access to traditional banking services might be limited for certain populations. By investing in these institutions, the fund contributes to financial inclusion, promoting economic growth at a grassroots level. The fund impacts various sectors including agriculture, small-scale manufacturing, and retail, helping entrepreneurs and small businesses gain access to credit, savings, and insurance. This access enables businesses to expand and improve their operations, which may otherwise not have been possible due to financial constraints. Within the financial markets, FIVV Mikrofinanzfonds Mandat China represents a socially responsible investment option, aligning with investors' goals of achieving financial returns while contributing to positive social impact. As microfinance continues to gain prominence, funds like this one play a crucial role in fostering sustainable development and reducing poverty.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
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