iShares Nasdaq 100 Swap UCITS ETF

iShares Nasdaq 100 Swap UCITS ETF is an equity exchange-traded fund designed to mirror the performance of the Nasdaq 100 Index, which comprises 100 of the largest non-financial companies listed on the Nasdaq Stock Market. This ETF employs a synthetic replication strategy, using unfunded total return swaps to closely track its benchmark, rather than holding the underlying equities directly. This approach aims to minimize tracking error and can offer potential tax efficiencies for certain investors. The fund's holdings provide exposure to a broad cross-section of U.S. sectors, with a significant focus on technology, telecommunications, retail, and biotechnology companies. Dividends within the ETF are accumulated and reinvested, rather than distributed to shareholders. With a total expense ratio of 0.20% and assets under management exceeding USD 300 million, the ETF serves as a cost-effective vehicle for participants seeking diversified access to the U.S. large-cap growth segment through a single, UCITS-compliant product domiciled in Ireland. Its structure and composition make it an important tool for investors looking for efficient exposure to leading U.S. growth companies.