Food and Beverage ETF
This food and beverage ETF is very depended upon consumer behavior and consumer spending. If consumers are a bit skint these companies will suffer too. On the other hand consumers will keep eating and drinking albeit in smaller and less luxurious portions.
So this food and beverage ETF may keep performing in a slow economy. As the price of this ETF is reasonably stable this food and beverage ETF is very interesting for long term investors. Getting in at the right spot may provide for prolonged results.
Lyxor STOXX Europe 600 Food and Beverage UCITS ETF
This Lyxor Food and Beverage ETF is tracking the Stoxx Europe 600 Food and Beverage Net Return index. Within this index you will find 23 European food and beverage companies.
Looking at company level Nestle is very dominant here with a 30% share. Anheuser Busch Inbev comes in second with a 13% share, followed by Diageo (known for brands like Johnnie Walker and Smirnoff). You will also encounter companies like Heineken and Danone.
At country level Switzerland comes in first with a 35% share. Second is the United kingdom with a 27% share and Belgium is third with 14%.
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Lyxor STOXX Europe 600 Food and Beverage UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
Ticker: FOO
ISIN: FR0010344861
Currency: EURO
Exchange: Euronext Parijs
This Lyxor STOXX Europe 600 Food and Beverage UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.