iShares IOO ETF (ASX:IOO)
The iShares IOO ETF provides investors with exposure to 100 leading, multi-national companies across global share markets. This is a low-cost way to access a variety of global companies through a single fund.
What does the IOO invest in?
IOO invests in large global companies like Apple, Nestle and Samsung. You could buy all of these companies yourself using a share brokerage account, but that would be a very expensive and time-consuming process.
What do investors use IOO for?
IOO could be used by investors to gain exposure to a portfolio of 100 leading global companies. IOO tracks the S&P Global 100 Index, which includes 100 ‘blue-chip’ companies of major importance in global equity markets.
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