iShares MSCI China Tech UCITS ETF USD (Acc) (CTEC)

Profile

https://oci-global.com

iShares MSCI China Tech UCITS ETF USD (Acc) is an exchange-traded fund that tracks the MSCI China Technology 10/40 Investable Market Index, providing targeted exposure to the technology sector within China's equity market. Launched on December 8, 2021, and domiciled in Ireland, this accumulating ETF reinvests dividends rather than distributing them, allowing for compounded growth through capital appreciation. Managed by iShares, part of BlackRock, it employs a long-only, physical replication strategy with a total expense ratio of 0.45% per annum, making it cost-efficient for investors seeking sector-specific access. With approximately 1,993 million euros in assets under management, it ranks as a very large ETF, underscoring its significant presence in the European UCITS-compliant market. The fund is denominated in USD and remains unhedged against currency risk, exposing investors to fluctuations in the US dollar relative to other currencies. It emphasizes sustainability characteristics alongside traditional metrics, offering transparency on environmental, social, and governance factors without guaranteeing performance outcomes. Primarily listed across major European exchanges, iShares MSCI China Tech UCITS ETF USD (Acc) plays a key role in enabling diversified access to China's dynamic technology landscape, including leading innovators in internet services, software, semiconductors, and hardware.