BlackRock has launched an ETF investing in the global semiconductor industry, giving investors access to over 200 companies across more than 15 countries.
The iShares MSCI Global Semiconductors UCITS ETF (SEMI) is the first vehicle of its kind offering "truly global exposure" to the sector, according to the firm. Domiciled in Dublin, SEMI will charge a total expense ratio of 0.35% and is benchmarked to the MSCI Global Semiconductors index. Global semiconductor shortage: What does it mean for the tech sector and beyond? It will track the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped index and is categorised as Article 8 under SFDR. SEMI will exclude companies with "unsustainable practices" an...
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