SPDR MSCI Europe Technology UCITS ETF (ITECN)

Profile

https://www.satsuma.digital

SPDR MSCI Europe Technology UCITS ETF is an exchange-traded fund that tracks the performance of the MSCI Europe Information Technology 35/20 Capped Index. This index measures the equity market performance of large and mid-cap companies classified in the Information Technology sector within the MSCI Europe Index, using a free float-adjusted market capitalization weighting with caps to limit concentration risk. The ETF employs full replication, investing in all index constituents, including top holdings like ASML Holding NV, SAP SE, and Infineon Technologies AG, spanning sub-sectors such as semiconductors, software, and communications equipment. Domiciled in Ireland and UCITS compliant, it features an accumulating distribution policy, reinvesting dividends to compound returns, with a low total expense ratio of 0.18%. Launched in December 2014 and managed by State Street Global Advisors, the fund provides targeted exposure to Europe's dynamic technology landscape, characterized by innovation in semiconductors, software solutions, and IT services, amid a concentrated portfolio of around 16 holdings.