XT Profile
The iShares Exponential Technologies ETF focuses on investing in companies that are positioned to benefit from advancements and innovation in various technology sectors. The fund seeks to achieve its investment objective by allocating at least 80% of its assets to the component securities of its underlying index. This index comprises companies identified as leaders in exponential technologies, which are technologies expected to grow rapidly and have significant impact on the global economy.
The underlying index is a curated subset of the Morningstar Global Markets Index, often referred to as the "Parent Index." It is specifically designed to include companies that are at the forefront of technological innovation and advancements. This includes sectors such as artificial intelligence, robotics, biotechnology, and other high-growth technology fields. The fund's strategy involves investing in these component securities as well as in investments with economic characteristics that closely align with the indexs components.
By focusing on exponential technologies, the fund aims to capture growth opportunities within cutting-edge industries that are likely to drive future economic and technological progress. The fund's portfolio typically includes a diverse range of technology companies across different sub-sectors, providing broad exposure to emerging trends and innovations that are expected to transform industries and markets.
As a specialized fund, it offers investors targeted exposure to high-growth technology sectors that are poised for significant expansion. This focus on exponential technologies allows the fund to potentially benefit from rapid technological advancements and market shifts, making it an attractive option for investors seeking to capitalize on future technological breakthroughs and innovations.
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