ETF Securities ESTX ETF (ASX:ESTX)
The ETFS ESTX ETF provides investors with exposure to 50 blue-chip companies from 12 eurozone countries; namely Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.
What does the ESTX invest in?
ESTX invests in large European companies like SAP, Unilever and L’Oreal. It can be difficult to invest in individual European companies directly, so ESTX could be a solution for investors looking for a tactical exposure to the European equity market.
What do investors use ESTX for?
The ESTX ETF could be used by investors looking to gain exposure to leading European companies. You could buy all of these companies yourself using a share brokerage account, but that would be a very expensive and time-consuming process.
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