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Global Passive is – as the name suggests – a passive equity fund. It tracks the MSCI World Net Total Return Index passively and invests in more than 1,000 companies across the world.
Management fee: 0.37%
Fund manager: Nordea Funds Ltd
What is the global market?
The global market covers all major stock exchanges across the world, including both the developed economies, such as North America, Europe and Japan, and the emerging markets in Asia, Latin America and Africa, for example. By investing through globally diversified funds, your investments are spread across a wide array of listed companies from various countries, enabling broad diversification with just a single fund choice.
World as an investment
When you invest globally, you can diversify your investments across multiple markets. Different economies often grow at varying paces and respond differently to global events, which can help provide balance to your overall portfolio.
With a global investment approach, other factors also come into play, such as currency fluctuations, differences in market regulations and trading costs. However, by investing through funds, you can access worldwide markets without needing to delve into every detail yourself, letting professional fund managers handle the selection and monitoring of investments for you. This approach may suit you if you are seeking broad geographical diversification and wish to reduce the need to track individual markets closely.
