Amundi MSCI World Information Technology UCITS ETF USD Acc

Issuer: Amundi ETF

Asset Class: Equity

TER: 30bps

Trading Currency: USD

Pays Income: False

Listing Date: 27 Sep 2010

Ticker: TNOW

ISIN: LU0533033741

This investment product offers targeted exposure to the global information technology sector, tracking an index of large and mid-capitalisation companies across developed countries. It serves as a strategic tool for participating in a sector that is a primary engine of modern economic growth, innovation, and efficiency. The portfolio provides a comprehensive snapshot of the industry, covering key sub-sectors such as software and services, technology hardware and equipment, and semiconductors. By investing in a basket of leading technology firms, investors can gain access to the companies shaping the future of the digital economy.

The fund is designed to capture the growth potential of long-term, transformative trends including artificial intelligence, cloud computing, cybersecurity, big data, and the Internet of Things (IoT). A key advantage is its global diversification, which mitigates concentration risk associated with a single country by including prominent technology leaders from North America, Europe, and Asia. This broad geographic footprint ensures exposure to innovation hubs worldwide, offering a more resilient and comprehensive investment in the ongoing technological revolution.

As an accumulating share class, any dividends paid by the underlying companies are automatically reinvested back into the fund, which helps to compound returns over the long term. This structure is particularly beneficial for investors focused on capital appreciation. For those seeking a cost-effective and efficient way to add a dedicated, globally-diversified technology component to their portfolio, this fund represents a compelling option to harness the sector's persistent growth and innovation.