iShares Metaverse UCITS ETF USD (Acc)
| Issuer: iShares |
| Asset Class: Equity |
| TER: 50bps |
| Trading Currency: GBP |
| Pays Income: False |
| Listing Date: 12 Jan 2024 |
| Ticker: MTAV |
| ISIN: IE000RN58M26 |
This fund offers targeted exposure to the burgeoning 'metaverse' theme, a concept envisioning the next iteration of the internet as a persistent, shared, 3D virtual space. It invests in a global portfolio of companies positioned at the forefront of this digital transformation, encompassing both established technology giants and innovative specialists. The investment thesis is built on the long-term growth potential of technologies that are fundamental to building these immersive digital worlds, including virtual and augmented reality (VR/AR), 3D graphics, and simulation technology. The portfolio provides access to firms developing the essential hardware, software, and platforms that will power the metaverse.
Beyond the core technology, the strategy also includes companies set to benefit from the new digital economies and social structures that may emerge. This includes businesses in interactive entertainment, social media, and digital asset platforms, which are pioneering new forms of user engagement, content creation, and commerce within virtual environments. By capturing a broad range of companies across the metaverse value chain—from infrastructure and hardware providers to platform operators and experience creators—the fund aims to capitalise on a significant, long-term structural shift in how people interact, work, play, and transact online.
Investors gain diversified access to a high-growth, disruptive theme that cuts across multiple sectors like technology, communication services, and consumer discretionary. The strategy is designed for those looking to participate in the potential upside of this evolving digital frontier, acknowledging the innovative but still nascent stage of the metaverse's development. It represents an opportunity to invest in the foundational elements of what could become a significant part of the global economy and our daily lives in the coming years.
