For some people the term Technology may cause some confusion. Within this Technology ETF you will find many software companies such as Cap Gemini. You will also encounter companies like Nokia and Alcatel Lucent.
Also ASML, the large manufacturer of computer chip machines is included. In total 23 European shares of technology companies are included.
In the past this market sector has had its periods of bubbles and hypes but most of the air has escaped fortunately. Mind, this industry still has great potential ahead of it. Entry points will come for sure.
Lyxor STOXX Europe 600 Technology UCITS ETF
This Lyxor technology ETF is tracking the STOXX Europe 600 Technology Net Return index.
SAP is the largest company here with a 20% share, followed by Dutch ASML with a 12% share. Ericsson is following closely with a 10% share.
The country spread is dominated by Germany with a 30% share. Second is France with a 19% share and The Netherlands are third with a 15% share.
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Lyxor STOXX Europe 600 Technology UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
Exchange: Euronext Parijs
This Lyxor STOXX Europe 600 Technology UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.