 The
KXI ETF, or the iShares Global Consumer Staples ETF, is an
exchange-traded fund that seeks to track the performance of the S&P
Global 1200 Consumer Staples Index. The index is designed to measure
the performance of large and mid-cap companies in the consumer staples
sector across developed and emerging markets.
As of the most
recent report, the fund had total assets under management of
approximately $14 billion and an expense ratio of 0.46%. The fund's
top holdings included companies such as Procter & Gamble, Nestle,
Coca-Cola, PepsiCo, and Unilever, among others. The fund has a
relatively diversified portfolio, with its top 10 holdings
representing approximately 35% of the total portfolio.
In terms
of performance, the KXI ETF has had consistent performance in recent
years. As of the end of 2021, the fund had a year-to-date return of
approximately 6.8%, a one-year return of approximately 17.6%, and a
three-year average annual return of approximately 12.7%. It's
important to note that the performance of the fund can be influenced
by various factors, including changes in the global stock markets,
economic developments, and company-specific factors.
The KXI
ETF offers investors exposure to a diversified portfolio of large and
mid-cap companies in the consumer staples sector across developed and
emerging markets. Consumer staples companies are known for their
stable earnings, cash flows, and dividend payments, which can make
them attractive to investors seeking income and stability. However,
investors should be aware of the risks associated with investing in
equities, which include market volatility and the possibility of
losing money.
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