Greece

Greece mutual funds and ETFs invest in a wide range of asset... Greece mutual funds and ETFs invest in a wide range of asset classes in Greece. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds can cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Greek economy, the world’s 53rd largest by nominal Gross Domestic Product as of 2022, is characterized by a significant reliance on tourism, maritime shipping, and agriculture. Petroleum oils, aluminum, and electrical equipment are key exports. Investment was 13% of GDP in mid-2022, significantly below many other European countries. After its financial crisis, Greece was downgraded to an emerging market economy. As a result, Greek mutual funds and ETFs are only suitable for more aggressive-minded investors. Last Updated: 04/18/2024 View more View less

Greece mutual funds and ETFs invest in a wide range of asset classes in Greece. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are... Greece mutual funds and ETFs invest in a wide range of asset classes in Greece. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds can cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Greek economy, the world’s 53rd largest by nominal Gross Domestic Product as of 2022, is characterized by a significant reliance on tourism, maritime shipping, and agriculture. Petroleum oils, aluminum, and electrical equipment are key exports. Investment was 13% of GDP in mid-2022, significantly below many other European countries. After its financial crisis, Greece was downgraded to an emerging market economy. As a result, Greek mutual funds and ETFs are only suitable for more aggressive-minded investors. Last Updated: 04/18/2024 View more View less