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Bullboard - Stock Discussion Forum
iShares Global Consumer Staples ETF
KXI
The fund seeks to track the investment results of an index composed of global equities in the consumer staples sector. The fund seeks to track the investment results of the S&P Global 1200 Consumer Staples (Sector) Capped IndexTM (the Underlying Index), which is designed to measure the performance of global equities in the consumer staples sector (as determined by S&P Dow Jones Indices LLC...
(SPDJI)). The Underlying Index uses a capping methodology to limit the weight of the securities of any single issuer (as determined by SPDJI) to a maximum of 10% of the Underlying Index. Additionally, the capping methodology limits the sum of the weights of the securities of all issuers that individually constitute more than 5% of the weight of the Underlying Index to a maximum of 25% of the weight of the Underlying Index in the aggregate.
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