VINX 30
Categories: Index Funds
The VINX 30 has been the who’s who on Nordic stock exchanges since 2006. It’s a stock index that tracks the 30 largest companies with the highest volume of trades over yonder in Helsinki, Copenhagen, and Stockholm. Basically, it’s the Nordic version of the S&P 500, the Dow Jones, or the NASDAQ.
Naturally, VINX 30 is in euros, with an adjustable free-floating rate, which gives a good reflection of market movements. If you want to tap the VINX 30 in your portfolio, you could sign up for the XACT Nordic 30, the ETF that owns the stocks in VINX 30.
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in there and it was started in 1896 by Charles Dow and Edward Jones sort of the
Coke and Pepsi of stock averages in the day .worth noting is the fact that while
the Dow average is quoted often in the press it's not something that real Wall
Street traders really rely on that much as a market place holder anymore. why?
well because the Dow comprises only 30 stocks. it isn't really a broad market [Dow Jones in the trash]
representation, and you know the way the S&P 500 is the 500 is bigger than 30. Big
Brother has way more stocks and is thus way more liquid than the relatively
blippi set of 30 stocks that the Dow offers. over time the Dow has changed as
companies were bought and/or died and or just withered and became no longer
relevant. i.e. newspaper industry. which means that this thing has gone through
more faces than Kanye West .yeah. [Kanye West faces pictured]