Software ETF
The Americans are way ahead in software developing. In today’s world we cannot imagine to live without software applications and it is very clear that the applications business is growing exponentially.
The risk from an investor point-of-view however is that investors also went way ahead of expectations making the stock prices of software application developers go through te roof. Bubble creation is a real risk here.
Finding the right entry point for this software ETF is the big challenge here and the same can be said about exiting. That being said, it goes without saying that this particular software ETF is a sound long-term investment.
iShares North American Tech-Software ETF
This iShares Software ETF is tracking the North American Technology Software Index. You will get more than 60 different company stocks within this single software ETF. The four largest companies here are Microsoft, Salesforce, Adobe System and Oracle Corp., each weighing at about 8%.
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iShares North American Tech-Software ETF info:
ETF provider: iShares (BlackRock)
Ticker: IGV
ISIN: US4642875151
Currency: Dollar
Exchange: NYSE Arca