UBS Solactive China Technology UCITS ETF hEUR acc (CITE.MI) is an exchange-traded fund that seeks to replicate the performance of the Solactive China Technology Index USD before fees and expenses, with euro currency hedging; it provides accumulating exposure to a diversified portfolio of primarily large-cap Chinese technology companies focused on innovation and digital transformation, including leading holdings such as Alibaba Group Holding Ltd, Tencent Holdings Ltd, NetEase Inc, Xiaomi Corp Class B and BYD Co Ltd; the fund emphasizes sectors like communication services, consumer cyclical, technology, healthcare and industrials.
Launched on 5 March 2021 and domiciled in Luxembourg as a sub-fund of the UBS (Lux) Fund Solutions SICAV, the ETF is issued and managed by UBS Asset Management Luxembourg S.A., a division of the Swiss multinational financial services firm UBS Group AG headquartered in Zurich.
The ETF trades on exchanges including Borsa Italiana, SIX Swiss Exchange and Xetra, with availability in markets such as Germany, Italy and Luxembourg; it features a total expense ratio of 0.50-0.53% and a fund size of approximately EUR 128 million as of recent data.
No major changes, such as new product launches, acquisitions, partnerships or strategic shifts specific to this ETF, have been reported in the last 1-2 years.