 iShares
North American Tech ETF is an exchange-traded fund (ETF) that seeks to
track the investment results of an index composed of US and Canadian
technology companies. The ETF is managed by BlackRock Fund Advisors
and was first launched in July 2001.
Expense Ratio: The expense
ratio for iShares North American Tech ETF is 0.46%, which is
considered moderately low for a technology ETF.
The ETF
provides exposure to a diversified portfolio of US and Canadian
technology companies, including those involved in hardware, software,
internet services, and communication services. The ETF invests in a
range of large-cap and mid-cap companies, with the aim of providing
investors with long-term capital appreciation.
As of March 18,
2023, the ETF had a total net asset value (NAV) of approximately $6.8
billion and held 276 different stock holdings. The ETF has a
relatively concentrated portfolio, with a high weighting towards the
information technology sector.
Overall, iShares North American
Tech ETF may be appropriate for investors seeking exposure to US and
Canadian technology companies through a diversified portfolio.
However, investors should be aware that technology companies are
generally considered higher risk than other sectors and may be more
volatile. Additionally, investors should be aware of the moderately
low expense ratio of the fund. As always, it is important to conduct
thorough research and consider your own investment objectives and risk
tolerance before making any investment decisions.
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