Portugal

Portugal mutual funds and ETFs invest in a wide range of asset... Portugal mutual funds and ETFs invest in a wide range of asset classes in Portugal. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds can cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Portuguese economy, the world’s 50th largest by nominal Gross Domestic Product as of 2022, is characterized by a deep reliance on trade with European countries and low unemployment. Automobile parts, footwear, and petroleum oils are key exports. At 21% of GDP as of 2022, investment is near its high going back to the mid-1990s. As a developed market economy, Portuguese mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 04/18/2024 View more View less

Portugal mutual funds and ETFs invest in a wide range of asset classes in Portugal. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are... Portugal mutual funds and ETFs invest in a wide range of asset classes in Portugal. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds can cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Portuguese economy, the world’s 50th largest by nominal Gross Domestic Product as of 2022, is characterized by a deep reliance on trade with European countries and low unemployment. Automobile parts, footwear, and petroleum oils are key exports. At 21% of GDP as of 2022, investment is near its high going back to the mid-1990s. As a developed market economy, Portuguese mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 04/18/2024 View more View less