UBS Solactive China Technology UCITS ETF hEUR acc

UBS Solactive China Technology UCITS ETF hEUR acc is an exchange-traded fund (ETF) that seeks to replicate the performance of the Solactive China Technology Index USD, net of fees. Launched on March 5, 2021, and domiciled in Luxembourg, this accumulating ETF reinvests dividends rather than distributing them, enhancing long-term compounding for investors. It employs a long-only strategy with physical replication, targeting the 100 largest technology-driven Chinese companies that derive most revenues from innovative sectors like consumer cyclical, communication services, and technology hardware. Key holdings include prominent firms such as Alibaba Group Holding (11.88%), Tencent Holdings (9.83%), Xiaomi Corp (9.77%), and BYD Co (7.73%), with over 62% of assets concentrated in the top 10 positions. Denominated in euros and currency-hedged against EUR fluctuations, it carries a total expense ratio of 0.50% p.a., withdrawn continuously from fund assets. With approximately 177 million euros in assets under management, this ETF provides targeted exposure to China's dynamic technology landscape within a UCITS-compliant structure, appealing to those interested in the sector's growth potential.