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IGN - North American Tech-Multimedia Networking ETF

North American Tech-Multimedia Networking ETF logoiShares North American Tech-Multimedia Networking ETF is an exchange-traded fund (ETF) that seeks to track the investment results of an index composed of US and Canadian companies involved in the development, manufacturing, and distribution of networking equipment and services for multimedia communication. The ETF is managed by BlackRock Fund Advisors and was first launched in July 2006.

Expense Ratio: The expense ratio for iShares North American Tech-Multimedia Networking 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 companies involved in the development, manufacturing, and distribution of networking equipment and services for multimedia communication. This includes companies involved in video conferencing, voice-over-IP (VoIP), and other multimedia 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 $486 million and held 33 different stock holdings. The ETF has a relatively concentrated portfolio, with a high weighting towards the communication services and information technology sectors.

Overall, iShares North American Tech-Multimedia Networking ETF may be appropriate for investors seeking exposure to US and Canadian companies involved in the development and distribution of networking equipment and services for multimedia communication through a diversified portfolio. However, investors should be aware that the ETF is focused on a relatively narrow niche of the technology sector, and the companies included may be subject to unique risks related to the development and distribution of multimedia networking equipment and services. 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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