The Xtrackers MSCI Innovation UCITS ETF Accum-1C- USD (Ticker: IT:XNNV) is a dynamic investment vehicle meticulously designed to capture the essence of technological advancement and innovation in the global market. As a sector-focused ETF, it emphasizes a thematic investment strategy centered on the broad technology niche, providing investors with exposure to a diversified portfolio of companies that are at the forefront of revolutionary tech developments.
This ETF aims to track the MSCI Innovation Index, which comprises leading firms that are pioneering groundbreaking technological solutions across various industries. The fund is ideally suited for forward-thinking investors who are keen on capitalizing on the growth potential of emerging and transformative technologies, such as artificial intelligence, biotechnology, cloud computing, and renewable energy.
The Xtrackers MSCI Innovation UCITS ETF Accum-1C- USD is an accumulation fund, meaning that any dividends or income generated from its holdings are reinvested back into the fund, facilitating compound growth over time. This feature makes the ETF particularly attractive for long-term investors seeking to enhance their wealth without the immediate need for income distribution.
By investing in IT:XNNV, investors gain access to a curated selection of innovative companies that are poised to shape the future of technology. The fund's strategic focus ensures that it captures the growth potential of sectors that are integral to modern advancements, making it a compelling choice for those looking to invest in tomorrow's tech leaders today.
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.