Mentions of France commonly conjure up images of croissants, baguettes, wine, and the Eiffel tower. Some investors, however, see France and its CAC 40 benchmark index as an investment opportunity.
What is the CAC 40?
The CAC 40 is the most important of the French Cotation Assistée en Continu (CAC) indexes. It is considered the central benchmark of France’s economy. The 40 stocks tracked by the index are traded on the Euronext Paris stock exchange. Index components are weighted based on both their market capitalization and the market value of their free float. A single…