NYSE ARCA | ETF
The investment seeks to track the investment results of the MSCI Italy 25/50 100% Hedged to USD Index.
The fund generally will invest at least 90% of its assets in the component securities (including indirect investments through the underlying fund) and other instruments of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index.
The index primarily consists of stocks traded on the Milan Stock Exchange with the currency risk inherent in the securities included in the underlying index hedged to theU. S. dollar on a monthly basis.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ENEL | Enel SpA | Utilities | Utilities - Diversified | 19.82% |
| ISP | Intesa Sanpaolo SpA | Financial Services | Banks - Regional | 9.90% |
| ENI | Eni S.p.A. | Energy | Oil & Gas Integrated | 8.36% |
| UCG | UniCredit S.p.A. | Financial Services | Banks - Regional | 6.64% |
| FCAU | Fiat Chrysler Automobiles NV | Other | Other | 4.78% |
| G | Assicurazioni Generali S.p.A. | Financial Services | Insurance - Diversified | 4.50% |
| RACE | Ferrari NV | Consumer Cyclical | Auto Manufacturers | 4.46% |
| ATL | Atlantia SpA | Industrials | Transport Infrastructure | 3.88% |
| SRG | Snam SpA | Utilities | Utilities - Regulated Gas | 3.73% |
| CNHI | CNH Industrial N.V. | Industrials | Farm & Heavy Construction Machinery | 3.55% |