iShares MSCI World Information Technology Sector ESG UCITS ETF (Dist)
| Issuer: iShares |
| Asset Class: Equity |
| TER: 18bps |
| Trading Currency: GBP |
| Pays Income: False |
| Listing Date: 12 Jan 2024 |
| Ticker: WITS |
| ISIN: IE00BJ5JNY98 |
This fund provides targeted exposure to the global information technology sector, with a specific focus on companies from developed markets that demonstrate strong environmental, social, and governance (ESG) profiles. It aims to track a benchmark that systematically integrates ESG criteria, excluding companies involved in controversial activities while overweighting those with higher sustainability ratings. Furthermore, the underlying index incorporates specific carbon reduction targets, aligning the portfolio with the objectives of a lower-carbon economy. This dual focus allows investors to participate in the growth potential of the technology sector while adhering to sustainable and responsible investment principles.
The portfolio is composed of large and mid-capitalisation companies across various sub-sectors of technology, including software and services, technology hardware and equipment, and semiconductors. This diversification within the tech industry provides broad exposure to key secular growth trends such as cloud computing, artificial intelligence, big data, and the ongoing digitalization of the global economy. By investing in a basket of leading technology innovators, the fund offers a strategic tool for capturing the long-term growth trajectory of a sector that is fundamental to modern economic progress and innovation.
This investment vehicle is primarily suited for investors seeking to add a thematic or sector-specific tilt to a well-diversified core portfolio. Given the inherent growth-oriented nature and potential for higher volatility in the technology sector, it is best suited for those with a long-term investment horizon and a higher tolerance for risk. The integrated ESG and carbon-aware methodology also makes it a compelling choice for sustainability-conscious investors who wish to direct their capital towards companies that are not only technologically advanced but also leaders in corporate responsibility.
