The European automotive industry includes car manufactures such as Daimler, VW or BMW and related suppliers to the industry including parts or tires manufactures. As labour and resource intensive industry, the car industry is highly dependent on fluctuating raw material costs, incl. steel, aluminum, palladium,... skilled labour prices and is particularly sensitive to the global economic outlook and growth in emerging markets.
1 / 3 in index
111 / 686 in equity
3 / 3 in index
506 / 686 in equity
No performance data available for this fund.