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BetaShares S&P/ASX Australian Technology ETF (ATEC)

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101760-2023-01-06-02:20.pdf
FUND MANAGER BetaShares Capital
ASX Code ATEC*
APIR
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).
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 04-03-2020
BENCHMARK S&P/ASX All Technology Index
FUND SIZE S&P/ASX All Technology Index
DISTRIBUTION FREQUENCY Yearly
NO. OF HOLDINGS Around 60
FEES 0.38% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in the BetaShares S&P/ASX Australian Technology ETF

  • Exposure to Australia's thriving technology sector - Australia's technology sector has grown rapidly in recent years, outperforming the broader sharemarket . The sector includes innovative and dynamic companies leading Australia's technological advance and offering the potential for continued growth
  • Access - simple and cost-effective way to gain exposure to leading ASX-listed technology companies such as WiseTech Global, REA Group, Xero, Afterpay, carsales.com and more
  • Portfolio diversification - an allocation to the Fund can provide valuable diversification for portfolios that are heavily weighted to large cap financials and resource stocks
  • Cost effective - Fund tracks the performance of an index (no active manager' fees)
  • Transparent - portfolio holdings, value of the Fund's assets and net asset value per unit available daily on our website
  • Liquidity - available to trade on the ASX like any share

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

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.

Investment objective

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:

  1. A core component of an allocation to the technology sector, with the potential for capital growth
  2. A complement for investors with an existing allocation to U.S. based technology companies
  3. Diversification for portfolios that are heavily exposed to large-cap financial and mining stocks

Mandate

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.

Investment strategy

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.