IGM 📈 iShares Expanded Tech Sector - Overview

The iShares Expanded Tech Sector ETF, listed on NYSE ARCA under the ticker IGM, is designed to track the performance of its underlying index, which is heavily comprised of securities from companies operating within the technology industry or sector. To achieve this, the fund typically allocates at least 80% of its assets to the component securities of its underlying index, as well as to investments that exhibit economic characteristics substantially identical to those components. This approach allows the fund to closely mirror the performance of the technology sector, providing investors with exposure to a broad range of tech-related companies.

As a non-diversified fund, the iShares Expanded Tech Sector ETF may concentrate its investments in a smaller number of securities, which can result in greater volatility compared to a diversified portfolio. However, this focus also enables the fund to capitalize on the growth potential of the technology sector, which has historically been a driver of innovation and economic expansion. The fund's underlying index is composed of a significant portion of technology industry or sector securities, providing investors with a targeted way to gain exposure to this sector.

From a structural perspective, the iShares Expanded Tech Sector ETF is an exchange-traded fund (ETF) listed in the United States, with the company's website available at http://www.ishares.com. The fund's domicile is the United States, and its ISIN is US4642875490. As an ETF categorized under the technology sector, it offers investors a convenient and liquid way to access a portfolio of technology stocks, which can be an attractive option for those seeking to capitalize on the growth potential of the tech industry.