iShares Smart City Infrastructure UCITS ETF USD (Dist)

iShares Smart City Infrastructure UCITS ETF USD (Dist) is an exchange-traded fund that aims to provide exposure to companies globally involved in the development and enhancement of smart city infrastructure. Its primary function is to track the performance of an underlying index composed of firms from both developed and emerging markets that support urbanization trends, with a focus on sectors such as digital connectivity, sustainable urban services, transportation, resource management, and advanced utilities. This ETF invests in a diverse basket of over 140 holdings, featuring companies engaged in areas like cellular infrastructure, recycling, public transit systems, water treatment, waste collection, and property management, all vital for modern urban environments. By focusing on these sectors, the fund captures the evolution and modernization of cities worldwide, reflecting a structural shift towards sustainable and technologically integrated urban living. Physically replicating its index, iShares Smart City Infrastructure UCITS ETF USD (Dist) is structured to offer transparency and semi-annual income distribution to its holders, making it relevant for those seeking access to global infrastructure trends with a sustainability lens. Managed by iShares, the fund emphasizes environmental, social, and governance (ESG) considerations as part of its investment approach.