TCHI Profile
The iShares MSCI China Multisector Tech ETF aims to provide investment results that closely correspond to the performance of the MSCI China Multisector Technology Index. Under normal market conditions, the fund invests at least 80% of its assets in the securities that make up the index or in investments with economic characteristics substantially identical to those of the index components. This strategic focus enables the fund to closely track the performance of Chinese technology companies spanning multiple sectors, such as information technology, communication services, and technology hardware.
The MSCI China Multisector Technology Index is designed to reflect the performance of large and mid-cap Chinese companies engaged in various technology sectors. The index includes companies involved in software, hardware, and technology services, providing broad exposure to the dynamic and rapidly evolving tech landscape in China. The fund seeks to capture the performance of this diverse group of technology stocks, offering investors a way to gain targeted exposure to China's burgeoning tech sector.
In addition to its core investments in index securities, the fund may allocate up to 20% of its assets to financial instruments such as futures, options, and swap contracts, as well as cash and cash equivalents. This flexibility allows the fund to enhance its ability to track the index and manage liquidity. The fund's non-diversified nature means it focuses primarily on achieving its objective through investments directly linked to the index, without broad diversification into other sectors or asset classes.
The iShares MSCI China Multisector Tech ETF is part of BlackRock's suite of exchange-traded funds, leveraging the firm's expertise in global index investing. By concentrating on China’s technology sectors, the fund provides investors with a targeted investment option that reflects the performance of a broad array of tech companies in the world’s second-largest economy. The fund’s approach allows for precise exposure to a rapidly growing and transformative sector, aligning with investment strategies focused on capturing opportunities within China’s technology market.
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