SPDR QMIX ETF (ASX:QMIX)
The QMIX ETF invests in mid-cap and large (blue chip) shares in over 20 developed markets but uses a multifactor approach to attempt to reduce risk.
What does the QMIX invest in?
QMIX invests with an equal-weighted approach and combines the MSCI Value Weighted, MSCI Quality and MSCI Minimum Volatility stock market indices. The resulting underlying portfolio typically includes 500+ shares from the USA, Japan, UK, Canada, Australia and Europe.
What do investors use QMIX for?
The QMIX ETF could be used by investors to get broad sharemarket exposure to developed market stocks outside of Australia. Note: QMIX also invests in Australian shares.
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