Greece Equity

Greece equity mutual funds and ETFs own securities listed on the Athens... Greece equity mutual funds and ETFs own securities listed on the Athens Stock Exchange. The most well-known benchmark is the Athens Stock Exchange General Index, which tracks the largest companies by market capitalization on the market. As of 2020, Greek stocks had a combined market capitalization of approximately US$50 billion. The exchange has large weightings in financials, industrials, and consumer discretionary companies. Some of the largest companies on the market include Eurobank Ergasia, Mytileneos, Alpha Services, and National Bank of Greece. Greece equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Euro. 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. After its financial crisis, Greece was downgraded to an emerging market economy. As a result, Greek Equity mutual funds and ETFs are only suitable for more aggressive-minded investors. Last Updated: 04/24/2024 View more View less

Greece equity mutual funds and ETFs own securities listed on the Athens Stock Exchange. The most well-known benchmark is the Athens Stock Exchange General Index, which tracks the largest companies by market capitalization... Greece equity mutual funds and ETFs own securities listed on the Athens Stock Exchange. The most well-known benchmark is the Athens Stock Exchange General Index, which tracks the largest companies by market capitalization on the market. As of 2020, Greek stocks had a combined market capitalization of approximately US$50 billion. The exchange has large weightings in financials, industrials, and consumer discretionary companies. Some of the largest companies on the market include Eurobank Ergasia, Mytileneos, Alpha Services, and National Bank of Greece. Greece equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Euro. 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. After its financial crisis, Greece was downgraded to an emerging market economy. As a result, Greek Equity mutual funds and ETFs are only suitable for more aggressive-minded investors. Last Updated: 04/24/2024 View more View less