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XCS5

LSE
20.27500 USD
0.01
0.05%
Last update Aug 15, 4:29 PM BST
Market closed
Day range
20.27500
20.35000
Previous close
20.26500
Open
20.33500
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X MSCI India Swap C Fund
20.28
0.01
0.05%

Overview

Description

The X MSCI India Swap C Fund is a financial instrument designed to provide investors exposure to the Indian equities market through a swap-based fund structure. This fund's primary function is to track the performance of the MSCI India Index, which is a benchmark for the largest and most liquid companies listed in India. The fund achieves its market exposure by engaging in swap agreements, which are derivative contracts that allow it to replicate index movements without directly purchasing the underlying stocks. Notable features of the X MSCI India Swap C Fund include its focus on a diversified range of sectors within the Indian market, such as information technology, financials, and consumer goods, making it a representative tool for investors looking to benefit from India's economic growth and development. Its swap-based approach can offer tax efficiency and potentially lower tracking errors compared to traditional index funds. In the broader market context, the X MSCI India Swap C Fund serves as a crucial avenue for global investors seeking to capitalize on the investment opportunities in emerging markets, particularly within the rapidly developing Indian economy. It offers a strategic vehicle for those looking to diversify their portfolios by adding exposure to a high-growth region.

About

Address
Phone
2203-8888
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 18 hours 3 minutes

13:11
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).