About XFNT
This index seeks to track the performance of a diverse group of companies, spanning large, mid, and small market capitalizations across both developed and emerging economies worldwide. To be included, companies must demonstrate significant involvement in technological innovation within the financial services sector, meeting a specific relevance threshold. Furthermore, stringent Environmental, Social, and Governance (ESG) criteria are applied, excluding firms that lack an MSCI ESG rating, receive a CCC rating, are involved in controversial weaponry, exceed revenue limits in sectors like tobacco, various weapons, fossil fuels (thermal coal, oil sands), or do not adhere to the United Nations Global Compact principles. The index undergoes semi-annual reviews and is rebalanced on at least a quarterly basis. Further details regarding the index methodology can be found on MSCI's website.
Asset Class Equity
Category Theme
Stock Exchange Borsa Italiana
Ticker Symbol XFNT
Provider Xtrackers
Index Tracked MSCI AC World IMI
XFNT had a total return of -2.62% in the past year, including dividends.
Since the fund's inception, the average annual return has been 11.46%.