The fund has 75 holdings and the top holdings include Anheuser-Busch InBev 5.2%, Unilver 4.8%, Daimler 4.8%, Bayer 4.6% and Banco Santader 4.4%.
Sector allocations include consumer staples 22.1%, consumer discretionary 19.4%, industrials 15.3%, health care 12.3%, materials 9.0%, information technology 8.7%, financials 7.9%, energy 2.9% and telecom services.
Country allocations include Germany 25.0%, France 24.3%, Netherlands 18.8%, Spain 8.7%, Belgium 7.9%, Finland 7.0%, Italy 4.2%, Portugal 3.1%, Austria 0.5% and Ireland 0.5%.
European Central Bank President Mario Draghi has proposed a “Monetary Outright Transactions” plan that would engage in unlimited purchases of government debt but will simultaneously remove the money equivalent from elsewhere in the system to assuage concerns about printing excess money, Bloomberg reports.
“For the moment, the focus really is on the word ‘unlimited,’ which, if indeed affirmed by Draghi at tomorrow’s meeting, would constitute a new step in the ECB’s rhetoric,” Thomas Costerg, an economist at Standard Chartered Bank, said in the article. That would “send a powerful signal to the market.”
For more information on the Eurozone, visit our Europe category.
Max Chen contributed to this article.