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Italy

Italy mutual funds and ETFs invest in a wide range of asset... Italy mutual funds and ETFs invest in a wide range of asset classes in Italy. 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 Italian economy, the world’s 10th largest by nominal Gross Domestic Product as of 2021, is characterized by close economic ties with other European countries, a large manufacturing sector, and a significant tourism sector. Engineering products, textiles and clothing, and motor vehicles are key exports. Investment was 21.9% of nominal GDP as of 2022, slightly above the long-term average. As a developed market economy, Italian mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 01/27/2023 View more View less

Italy mutual funds and ETFs invest in a wide range of asset classes in Italy. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are... Italy mutual funds and ETFs invest in a wide range of asset classes in Italy. 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 Italian economy, the world’s 10th largest by nominal Gross Domestic Product as of 2021, is characterized by close economic ties with other European countries, a large manufacturing sector, and a significant tourism sector. Engineering products, textiles and clothing, and motor vehicles are key exports. Investment was 21.9% of nominal GDP as of 2022, slightly above the long-term average. As a developed market economy, Italian mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 01/27/2023 View more View less

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