Amundi US Tech 100 Equal Weight UCITS ETF DR USD D (WEBB)

Profile

https://oci-global.com

The Amundi US Tech 100 Equal Weight UCITS ETF DR USD D is an exchange-traded fund that tracks the Solactive United States Technology 100 Equal Weight index, which measures the performance of the largest 100 technology-focused companies listed on the NASDAQ Stock Exchange using an equal-weight methodology. This approach assigns uniform weighting to each constituent, mitigating concentration risk associated with market-cap weighted benchmarks and promoting broader exposure across holdings. Domiciled in Ireland and managed by Amundi ETF, the fund employs a distributing policy with annual payouts in USD, featuring a low total expense ratio of 0.07% p.a. and a recent dividend yield around 0.77%. With assets under management of approximately EUR 32 million since its inception in November 2022, it offers unhedged currency exposure to USD-denominated assets, primarily in the information technology sector (about 38.6%), alongside diversified allocations to consumer discretionary, health care, and communication services. Notable holdings include Regeneron Pharmaceuticals, Warner Bros. Discovery, and Broadcom, spanning around 101 positions mainly from the United States. This ETF serves as a tool for investors seeking balanced access to the dynamic U.S. technology landscape within a UCITS-compliant structure.