First Trust Bloomberg Global Semiconductor Supply Chain UCITS ETF Class A Accumulation (CHPS)

Profile

The First Trust Bloomberg Global Semiconductor Supply Chain UCITS ETF Class A Accumulation is an exchange-traded fund that tracks the Bloomberg Semiconductor Supply Chain Select Index, a modified market capitalization benchmark focused on the global semiconductor industry. Its primary purpose is to deliver precise exposure to companies across the semiconductor supply chain, including manufacturers of equipment and components, raw material suppliers, foundry service providers, and select high-growth end-market participants designing chips for automotive, industrial, and computing applications. The ETF employs a full replication strategy by holding underlying securities directly, with top holdings featuring industry leaders like NVIDIA Corporation (10.26%), ASML Holding N.V. (9.46%), and Taiwan Semiconductor Manufacturing Company Ltd. (8.83%), alongside a diverse portfolio of around 51 holdings concentrated in information technology equity. Structured as an accumulating fund domiciled in Ireland with a total expense ratio of 0.60%, it reinvests dividends to enhance net asset value growth, while applying environmental and social exclusions for sustainability considerations. Launched on December 11, 2024, this UCITS-compliant ETF plays a vital role in financial markets by enabling targeted investment in the semiconductor sector, essential to technology, electronics, and digital infrastructure worldwide.