Overview
Description
The iShares Nasdaq 100 Index ETF is a type of exchange-traded fund designed to track the performance of the Nasdaq-100 Index. This index comprises 100 of the largest non-financial companies listed on the Nasdaq Stock Market, making it a key indicator of the technology sector's performance. The ETF offers investors exposure to a broad range of industries, including technology, telecommunications, and consumer discretionary, with major holdings in globally recognized companies such as Apple, Amazon, and Microsoft. The ETF is passively managed, meaning it aims to replicate the index rather than outperform it. It provides investors with the advantage of diversification, liquidity, and relatively low management fees. Given its structure, the iShares Nasdaq 100 Index ETF plays a significant role in portfolio allocations, especially for investors seeking to capitalize on the growth potential of market-leading tech companies within the Nasdaq-100 Index.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE