- MXI's essential goal is to track the investment results of the S&P Global 1200 Materials Sector Index.
- As of December 18, MXI had a portfolio of 127 holdings. From this list, 103 items were classified as Equity.
- Its largest asset is New York-listed shares of Linde, an industrial gases heavyweight and a market darling that has been on a tear this year.
- With 8 British stocks in the portfolio, MXI is not immune to the no-deal Brexit risk.
- MXI might benefit from the short-term stimuli, including the COVID relief deal, while its long-term prospects also look safe given it is nicely positioned for the looming greener economy.
For further details see:
MXI: Reasonable Bet On Post-Covid Economy, With Some Caveats