Italy Equity

Italy equity mutual funds and ETFs own securities listed on the Borsa... Italy equity mutual funds and ETFs own securities listed on the Borsa Italia. The most well-known benchmark is the IT 40, which tracks the largest companies by market capitalization on the market. As of 2023 the Italian market had a total market capitalization of approximately US$725 billion. The exchange has large weightings in utilities, financials, and consumer discretionary. Some of the largest companies on the market include Inel, UniCredit, Stellantis, and Intesa Sanpaolo. Italy 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 Italian economy, the world’s 10th largest by nominal Gross Domestic Product as of 2021, is characterized by close economic ties with other European economies, a large manufacturing sector, and a significant tourism sector. Engineering products, textiles and clothing, and motor vehicles are key exports. As a developed market economy, Italy equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 12/20/2024 View more View less

Italy equity mutual funds and ETFs own securities listed on the Borsa Italia. The most well-known benchmark is the IT 40, which tracks the largest companies by market capitalization on the market. As... Italy equity mutual funds and ETFs own securities listed on the Borsa Italia. The most well-known benchmark is the IT 40, which tracks the largest companies by market capitalization on the market. As of 2023 the Italian market had a total market capitalization of approximately US$725 billion. The exchange has large weightings in utilities, financials, and consumer discretionary. Some of the largest companies on the market include Inel, UniCredit, Stellantis, and Intesa Sanpaolo. Italy 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 Italian economy, the world’s 10th largest by nominal Gross Domestic Product as of 2021, is characterized by close economic ties with other European economies, a large manufacturing sector, and a significant tourism sector. Engineering products, textiles and clothing, and motor vehicles are key exports. As a developed market economy, Italy equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 12/20/2024 View more View less