Expat Macedonia MBI10 UCITS ETF
Expat Macedonia MBI10 UCITS ETF invests in the shares of the companies included in the MBI10 Index. This is the main equity index of the Macedonian Stock Exchange and consists of 10 companies.
Country: North Macedonia
ISIN: BGMACMB06181
Index: MBI10
Ticker: MKK1
The indicative net asset value of the ETF (iNAV) can be found here (ISIN iNAV DE000A2LZV37).
The ETF invests in all MBI10 companies in proportions closely matching those of the index and within the legal limitations. The return of the fund follows that of the index. I.e. if the North Macedonian market goes up, the market value of the ETF shares would increase proportionally.
How to invest?
The ETF’s shares are traded on the stock exchange as any other shares.
Contact your investment broker or asset manager for support or find the ticker on your trading platform.
Advantages
Easy and convenient macro play
Investors buy all the companies from the index. There is no need to devote time and resources to analyze, pick and follow individual stocks.
Diversification
Exposure to the largest and most liquid stocks on the relevant CEE stock exchange. Diversification lowers the volatility of the investment.
Superior liquidity
The market makers maintain buy/sell quotes and ensure that the shares can be traded at any time. The access of trading on several stock exchanges additionally increases the liquidity.
Low transaction costs
It is cheaper to invest in one instrument rather than in shares of multiple companies.
European regulations
The Expat ETFs are fully compliant with the UCITS Directive of the European Union.
Transparency
The ETFs portfolios are published and updated daily on Expat’s website: www.expat.bg.
Expat Asset Management
The ETF operator in the CEE Region
+359 2 980 1881 office@expat.bg www.expat.bg