| XMIL Exchange | US Country |
The investment fund aims to replicate the price and yield performance of the Solactive Global Fertilizers/Potash Total Return Index, before fees and expenses. By focusing on companies largely involved in the fertilizer/potash industry worldwide, the fund invests primarily in stocks and American/Global Depositary Receipts (ADRs/GDRs) tied to these businesses. The objective is to track the performance of major global entities within this sector, providing investors access to a specialized market segment. Operating as a non-diversified fund, it allocates at least 80% of its assets towards securities from the underlying index or similar financial instruments.
The fund offers investors the opportunity to invest in the global fertilizer and potash market by tracking the Solactive Global Fertilizers/Potash Total Return Index. This includes a diverse range of companies operating in the manufacturing, distribution, and sales of fertilizers and potash, vital components for the agriculture industry. By leveraging ADRs and GDRs, the fund provides exposure to non-U.S. companies without the direct challenges of investing in foreign stock markets.
With a strategic investment in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), the fund enables investors to gain exposure to foreign markets with the added convenience and regulatory protections often associated with domestic trading venues. These instruments represent shares in foreign companies, offering a balanced and potentially less risky access to the global fertilizer/potash industry’s growth.