EUFN EUFN 4 months ago Estimated | Other | $0.47 Per Share |
EUFN EUFN 4 months ago | Other | $0.47 Per Share |
EUFN EUFN 10 months ago Paid | Semi Annual | $0.77 Per Share |
EUFN EUFN 20 Dec 2023 Paid | Semi Annual | $0.32 Per Share |
EUFN EUFN 7 Jun 2023 Paid | Semi Annual | $0.73 Per Share |
EUFN EUFN 13 Dec 2022 Paid | Semi Annual | $0.07 Per Share |
EUFN EUFN 4 months ago Estimated | Other | $0.47 Per Share |
EUFN EUFN 4 months ago | Other | $0.47 Per Share |
EUFN EUFN 10 months ago Paid | Semi Annual | $0.77 Per Share |
EUFN EUFN 20 Dec 2023 Paid | Semi Annual | $0.32 Per Share |
EUFN EUFN 7 Jun 2023 Paid | Semi Annual | $0.73 Per Share |
EUFN EUFN 13 Dec 2022 Paid | Semi Annual | $0.07 Per Share |
XBER Exchange | United States Country |
The company offers an investment fund that focuses primarily on the financial sector within developed European markets. It commits to investing a minimum of 80% of its assets in the securities that are part of its benchmark index and in other investments that mirror the economic characteristics of these securities. This strategy aims to replicate the performance of the index, which is a free float-adjusted, market capitalization-weighted index. Such an index is specifically designed to reflect the performance of the financial sector equities across various developed countries in Europe, providing investors with targeted exposure to this particular segment of the market.
The fund invests a significant portion of its assets directly in the securities that comprise its underlying index. This approach is designed to closely track the index's performance by holding similar proportions of the same securities, offering investors a transparent and focused investment in the European financial sector.
In addition to direct investment in component securities, the fund also allocates assets to investments that have economic characteristics virtually identical to those of the index's securities. This strategy might include derivative instruments or other financial products that mimic the performance of the index components, enabling the fund to achieve its investment objectives while potentially mitigating risks.
The targeted index encompasses the financial sector of developed markets in Europe, thereby concentrating the fund's investment in this specific geographic and sectoral area. The fund seeks to benefit from the performance of European financial companies, which can include a range of institutions from banking to insurance, offering investors specialized exposure to the financial segment of Europe's developed economies.