TECH PDS
The Product Disclosure Statement (PDS) explains the fees, tax status and some of the risks.
The Global X TECH ETF provides investors with exposure to the performance of shares in around 30 undervalued competitively-advantaged global technology businesses. Think global social media companies, online or cloud-based platforms, leaders in artificial intelligence, software creators and digital advertisers.
7 Aug 2020 | ||
Price | $39.30 |
7 Aug 2020 |
7 Aug 2020 |
ETF share prices are updated using end of day data from the ASX. FUM, fee and spread data is updated monthly, with a delay. Refer to the ETF’s PDS and the ASX website for up-to-date information.
This chart shows the yearly performance of the chosen ETF to key asset classes of Aussie shares (ASX: VAS) and US shares (ASX: IVV). You can use this chart to visualise how the ETF responds to different market environments. We recommend using a 5+ year time horizon for comparisons. The chart compares price return only.
The TECH ETF uses a combination of human and rules-based strategies and processes to invest in a portfolio of shares in competitively-advantaged businesses. Stockmarket research provider Morningstar, has a team of technology analysts who use quantitative and qualitative rules to determine the competitive strength of a business, commonly referred to as a ‘moat’. Then, the analysts select the most undervalued shares from the list of companies with a wide or narrow moat.
TECH could be used by Australian investors to gain exposure to a basket of the world’s leading technology companies. Buying the TECH ETF makes investing in some leading technology providers easier (and less costly) than buying each individual share on the market.
The Best ETFs technical analysis chart pack shows the 12-month share price movements, Stochastic bands and traded volume (for both up and down days). This chart uses end-of-day data, so it’s for illustrative purposes only.
*The warnings on this page are applied by our ETF research team. Please know that these warnings are based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.
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