BetaShares S&P/ASX Australian Technology ETF (ATEC)
About this Fund
|FUND MANAGER||BetaShares Capital|
|ASSET CLASS||EXCHANGE TRADED FUNDS|
|INVESTMENT STYLE||The Fund gives access to a diversified portfolio of Australia's leading ASX-listed technology companies.|
|INVESTMENT PROFILE||The Fund aims to track the price and income performance of the Benchmark (before fees and expenses).|
|BENCHMARK||S&P/ASX All Technology Index|
|FUND SIZE||S&P/ASX All Technology Index|
|NO. OF HOLDINGS||Around 60|
Benefits of investing in the BetaShares S&P/ASX Australian Technology ETF
About the Fund
The Fund provides exposure to ASX-listed companies in a range of tech-related market segments such as information technology, consumer electronics, online retail and medical technology.
The Fund aims to track the performance of the S&P/ASX All Technology Index (before fees and expenses).
How to use this ETF in your portfolio
The Fund can be used to implement a variety of investment strategies. For example:
How we invest your money
The investment objective of the Fund is to provide an investment return that aims to track the performance of the S&P/ASX All Technology Index (the \"Index\"), before taking into account fees and expenses.
The Index is designed to track the performance of the largest technology-focused companies by float-adjusted market capitalisation traded on the Australian Securities Exchange.
In seeking to achieve the investment objective, the Responsible Entity will employ a passive management approach with the aim of tracking the performance of the Index, before fees and expenses.
The Fund will generally seek to invest in the securities that comprise the Index in proportion to the weightings of the securities in the Index. This is known as a \"full replication\" strategy. As far as practicable, the timing and nature of any changes to the composition of the Fund's investments will generally correspond with the timing and nature of changes to the Index.
The holdings of the Fund may not always exactly replicate the Index. For example, it may not be possible or practical to do so in some circumstances, such as where investment restrictions apply which would prevent direct investment in a particular security. The Fund, from time to time, may not hold all of the securities comprising the Index, may hold securities in weightings which differ from the Index, and may hold other investments that do not form part of the Index where this may help to achieve the Fund's investment objective.
For more information on the Index, please see section 2 of the PDS.