🔴 AVGY.TO is trading 4.05% down today amid a broad selloff in technology and semiconductor stocks

AVGY.TO is trading at CA$18.00 (-4.05%) as technology and semiconductor stocks face a broad selloff and chip valuations are reassessed.

• The fund’s heavy exposure to Broadcom makes it particularly sensitive to sector rotation away from high-multiple growth names and recent weakness in NVIDIA and the wider AI trade.
• Market sentiment is being pressured by a risk-off environment driven by concerns over higher interest rates and geopolitical tensions.
• The decline is consistent with the ETF’s recent volatility around the CA$19-20 area and follows a period of sustained pressure on the Nasdaq.