Technology All Caps Stocks have suffered from the largest outflows of the month on Monday, with (€-138M) drawn out from the primary market and a negative daily performance of (-3.49%).
This aggravates the observation in terms of performance since May the 6th with cumulated returns of (-6.64%). On the same period, the AAPL stock plunges by nearly 11%. In response to the US-China trade talks and tensions that are escalating, the US market tumbled on Monday.
Since the beginning of the year, Technology All Caps Stocks ETFs progressed on average by +21.94%, far from their YTD high at (+31.58%) in end of April. The 20 ETFs included in this segment attracted more than € 570M of new assets from the primary market bringing its total assets under management to €9.2Bn.