IGV Profile
The iShares Expanded Tech-Software Sector ETF focuses on providing investors with targeted exposure to a broad range of companies within the software sector and select related industries. The fund is designed to track the performance of an index that includes U.S.-traded stocks primarily from the software industry, as well as select companies involved in interactive home entertainment and interactive media and services sectors in both the U.S. and Canada.
To achieve its investment objectives, the fund typically allocates at least 80% of its assets to securities that are part of the underlying index, along with investments that have similar economic characteristics. This strategy ensures that the fund closely aligns with the performance of the index, which includes a diverse set of companies engaged in various aspects of the software and technology sectors.
The index encompasses a wide spectrum of software-related companies, ranging from those involved in enterprise software and cloud computing to those specializing in consumer software and digital media. By including companies from both the software industry and related interactive media sectors, the index provides comprehensive exposure to key trends and innovations driving growth within the technology sector.
As a non-diversified fund, the iShares Expanded Tech-Software Sector ETF maintains a concentrated investment approach within its chosen sectors. This focus allows investors to gain concentrated exposure to high-growth areas of the technology market. The fund's investment strategy aims to capture the potential for significant capital appreciation by investing in leading software and technology companies that are poised to benefit from ongoing advancements and increased demand for digital solutions and services.
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