Hello everyone! Today’s I’m going to talk about an interesting investment opportunity, known as ETF, which deserves your attention.
In this post you will find the name and details of an undervalued ETF that should be in your portfolio.
For someone completely new to the world of investment, an undervalued investment means it’s current price is below what it should be. In other words, you’re buying something at a reasonably lower price. Total bargain! Hip hip hurra!
As per usual, this is not financial advice. If you’re unsure about anything, it’s worth seeking advice from a regulated financial advisor.
Here’s a few points why this is a relevant investment:
- Europe has many industry leaders, overlooked by investors for a long time.
- High interest rate makes the environment more uncertain and volatile, which favors value companies. It means than when interest rates are high, money is expensive hence investors look into cheap stocks, such as undervalued companies.
To benefit from the current environment, you can search for the ETF Amundi Index MSCI Europe Value Factor.
The main companies are the following: Roche, Shell, HSBC, Nestlé, Allianz, Total, Deutch Telecom, Sanofi, Siemens, Novartis.
Financials, consumer goods, health and industries represent 34%, 11% and 10%, respectively.
Here are the ETF details:
- ISIN code: LU1681042518
- Fees: 0.23%
- Exchange places: France & Italy
- 1, 3 and 5 year performance: 22.7%, 35.2% and 45.9%
If you’re looking to invest in cheap European stocks and diversify your portfolio, this could be an interesting ETF.
I hope you enjoyed reading this post as much as I enjoyed writing it! Feel free to drop me a line if you have anything in mind.
Leave a comment