Fund
Objective
The Close FTSE Euro eTX Fund is an open ended investment
company whose objectives is to track the performance
of the FTSE eTX Euro 50 Index
of European technology stocks. This new Index comprises
medium and small ‘tech’ companies listed in the Eurozone
countries of Europe.
eTX – a way forward for investing in Europe
The FTSE eTX Euro 50 Index brings together all the major
European countries within the Eurobloc – France, Germany,
Netherlands, Italy, Spain, Finland, Ireland, Belgium
and Luxembourg. In other words, investors will have
exposure to all the “Growth” Stock Markets of the countries
which adopt the Euro currency.
The Index combines the high growth markets into one
sector - Germany’s Neuer Markt, France’s EuroNM, the
Irish Stock Exchange, Italy’s Nuovo Mercato and the
pan European growth market of EASDAQ - a sector that
brings together companies which possess specific characteristics,
irrespective of their size or country location.
With the eTX, the key shared attribute is technological
innovation.
The
major benefits of eTX:-
-
It brings together European technology companies
into a single entity, irrespective of location
- It
enables professional and retail investors to target
technology companies quickly and easily across all
Euro markets
- It
raises the profile and visibility of European technology
shares – especially smaller and medium sized companies
- It
provides another investment benchmark as companies
attract investment from investors following the
FTSE eTX Euro 50 Index.
So,
why invest in eTX?
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