✨ Why this ETF is in focus in January
The start of 2026 will continue to be strongly characterised by the US economy and the major North American companies. After a robust stock market year in 2025, driven by technology, communications and consumption, North America remains the most important driver of global equity markets. This ETF shows how the leading US and Canadian companies are positioning themselves at the start of the new year.
🧩 Structure & focus
- Illustration of the MSCI North America Index
- High weighting of large US technology and communications companies
- Broad diversification across sectors and market leaders
- Accumulating structure (Acc)
🌍 Market environment at the start of 2026
- Strong demand for AI infrastructure and cloud services
- Solid corporate profits in the tech and consumer sectors
- Increased market volatility due to monetary policy uncertainties
- The ETF shows how the major North American companies are performing in this environment
ℹ️ Note
The ETF of the Month serves as a factual categorisation of current market movements and does not constitute a recommendation. Each month, a fund is presented that deserves special attention due to its structure, theme or market environment.