The Fund will seek to achieve the investment objective by adopting a “full replication” strategy

The investment objective of the BetaShares Asia Technology Tigers ETF is to provide an investment return that aims to track the Benchmark  before taking into account fees and
expenses.

ACCESS TECHNOLOGY GIANTS GROWTH OPPORTUNITY DIVERSIFICATION

ASIA invests in 50 leading companies that dominate e-commerce, telecommunications, IT, software, data processing and computer communications industries in the Asian (exJapan) region.

ASIA provides exposure to companies in the technology sector, a sector which is underrepresented in the Australian sharemarket.

ASIA may also provide a complement for investors with an existing allocation to U.S. based technology companies. Due to its younger, tech-savvy population, Asia is surpassing the West in terms of technological adoption and the Asian technology sector is anticipated to remain a growth sector.

Suitable for growth investors wishing for exposure to the Asian Market without the risk of pure global equities.

About the Fund

The investment objective of the BetaShares Asia Technology Tigers ETF is to provide an investment return that aims to track the performance of the Solactive Asia ex-Japan Technology & Internet Tigers Index (the “Index”), before taking into account fees and expenses.

The Index seeks to track the price movements of a portfolio containing the top 50 technology and online retail stocks, by free float market capitalization, that have their main area of business in Asia excluding Japan.

How to use

• A core component of a global shares allocation
• A complement for investors with an existing allocation to the U.S.
• Tactical exposure to the Asian technology sector based technology companies

How we invest your money

The index sponsor is Solactive AG (“Solactive”), a leading global provider of index solutions. As of March 2018, Solactive served approximately 400 international clients, with over US$100 billion invested in products linked to indices calculated by the company. Solactive is headquartered in Frankfurt.

To be eligible for initial inclusion in the Index, a security must meet certain criteria, including:

• Companies must be classified as members of one of the following industry groups (pursuant to the FactSet industry classification system):

o Data processing services;
o Information technology services;
o Packaged software;
o Internet software/services;
o Semiconductors;
o Telecommunications equipment;
o Computer peripherals;
o Computer communications;
o Electronic production equipment;
o Internet retail.

• Companies must be assigned a country classification by the Index provider from within the Asia ex-Japan region (being China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam).

• Only securities (which may include ADRs) that have a listing on an exchange in the following countries are eligible:

o Hong Kong;
o Singapore;
o South Korea;
o Taiwan;
o United States.

• Securities must have a minimum average daily turnover, and minimum median daily turnover, for the last one and six months of greater than or equal to US$1 million;

Where a company maintains a listing on more than one eligible exchange, the security with the highest liquidity is selected.

The Index comprises the largest 50 companies based on free float market capitalisation, with Index weights determined by market capitalisation. No stock may have an Index weight that exceeds 10% as at the time it is rebalanced. 

he Index is normally reconstituted and rebalanced semi-annually, with the new portfolio becoming effective at the close of trading on the first Wednesday in May and November each year.

Buffer rules are employed to reduce portfolio turnover.

The Index is a net total return index, which means that it reinvests cash dividends on the relevant ex-dividend date (the date on which the relevant shares no longer come attached with the right to receive the declared dividend) and adjusts for an Index security’s country of incorporation withholding rate.