iShares Nasdaq 100 UCITS ETF (Acc) (CNX1.L)
A single fund that tracks the 100 largest non-financial companies on the Nasdaq, giving you hefty exposure to US tech giants.
Is iShares Nasdaq 100 UCITS ETF (Acc) a good fund for a UK beginner?
The honest version: A single fund that tracks the 100 largest non-financial companies on the Nasdaq, giving you hefty exposure to US tech giants.
Over about 2 years to 2026-07-15. This already includes the fund's dividends, which an accumulating fund reinvests for you. Past performance is not a guide to the future, and it could just as easily have fallen.
This is a fund, so it moves with its whole basket (Tech) - not any single company's news. One share having a bad day barely shows up here.
What does iShares Nasdaq 100 UCITS ETF (Acc) do?
This fund copies the Nasdaq 100 index, capturing massive household names like NVIDIA, Apple, and Microsoft alongside other tech and consumer giants. By making a single purchase, your money is spread across these huge companies rather than relying on just one. The ongoing charge is 0.3% a year, which means the fund manager takes about £3.00 annually for every £1,000 you have invested to cover running costs. Because it is an accumulating fund, any dividends paid by the companies are automatically reinvested right back into the fund to pick up more assets without you needing to lift a finger.
Holds the 100 largest non-financial companies on the Nasdaq, heavily weighted toward big US technology firms.
What's actually inside this fund?
Its 10 biggest holdings
- 1NVIDIA Corp7.6%
- 2Apple Inc6.7%
- 3Micron Technology Inc5.6%
- 4Microsoft Corp4.3%
- 5Advanced Micro Devices Inc4.1%
- 6Amazon.com Inc4.0%
- 7Tesla Inc3.3%
- 8Alphabet Inc Class A3.3%
- 9Intel Corp3.0%
- 10Alphabet Inc Class C3.0%
The top 10 add up to about 45% of the fund. A large chunk sits in just a handful of names - less spread than the total holding count suggests.
By sector
- Technology61%
- Communications13%
- Consumer cyclical11%
- Consumer staples6%
- Healthcare4%
- Industrials3%
- Utilities1%
- Materials1%
Top holdings and sector split from the fund's published data as of the figures date - they drift over time as the fund and the index change.
- Simple one-fund exposure to some of the world's most famous tech and growth companies
- Spreads your money across 100 large non-financial businesses in one go
- Automatically reinvests dividends to save you the hassle of doing it manually
- Clear, predictable tracking of the Nasdaq 100 index
- It falls in value whenever the US technology sector or wider stock market drops
- Heavy concentration in a handful of giant companies means a stumble by one affects the whole fund significantly
- Currency swings can affect returns for a UK investor since the underlying assets are priced in US dollars
- Excludes financial companies entirely, narrowing the sector variety
More in Tech
What are the pros and cons of iShares Nasdaq 100 UCITS ETF (Acc)?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Simple one-fund exposure to some of the world's most famous tech and growth companies
- Spreads your money across 100 large non-financial businesses in one go
- Automatically reinvests dividends to save you the hassle of doing it manually
- Clear, predictable tracking of the Nasdaq 100 index
- It falls in value whenever the US technology sector or wider stock market drops
- Heavy concentration in a handful of giant companies means a stumble by one affects the whole fund significantly
- Currency swings can affect returns for a UK investor since the underlying assets are priced in US dollars
- Excludes financial companies entirely, narrowing the sector variety
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.