QTUM is trading 1.5% lower as the information technology sector faces a broad selloff amid a global slump in semiconductor and AI-related stocks.
- Risk sentiment has deteriorated following intense competition from China in advanced chipmaking tools and renewed Middle East tensions pushing oil prices higher.
- Investors are exercising caution ahead of the Federal Reserve’s upcoming interest rate decision and quarterly earnings from major U.S. tech companies.
- These macroeconomic headwinds are collectively pressuring growth-oriented and AI-exposed names within the fund's portfolio.