iShares IXI ETF (ASX:IXI)
The iShares IXI ETF provides investors with targeted exposure to global consumer staple companies. Think along the lines of milk, chocolate, soft drink, makeup, clothes and wine.
What does the IXI invest in?
IXI invests in a portfolio of consumer staples companies, including leading brands like Nestle, Coca-Cola, Costco, L’Oreal and Unilever. Trying to replicate this exposure to consumer staples yourself would be time-consuming and expensive, so IXI could be a solution for investors looking for targeted exposure to this sector.
What do investors use IXI for?
IXI could be used by investors to gain tactical exposure to the consumer staples sector, which includes a diverse range of companies that produce essential products. This ETF aims to track the S&P Global 1200 Consumer Staples Sector Index, before fees and expenses.
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