Xtrackers MSCI Innovation UCITS ETF 1C

Xtrackers MSCI Innovation UCITS ETF 1C is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XNNS (ISIN IE0006FFX5U1). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the MSCI Innovation index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include VERTEX PHARMACEUTICALS INC, VISA INC CLASS A and MASTERCARD INC CLASS A. With about 196 holdings (the ten largest ≈ 41.1%), your money is diversified rather than concentrated in a handful of names. Its biggest country exposures are ~83.3% United States, ~7.3% Switzerland and ~4.1% Cayman Islands. Its heaviest sectors are ~38.8% Technology and ~26.4% Health Care. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. It holds the underlying investments directly (physical replication). As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Xtrackers.)