ETFS FANG+ ETF
ASX Code: FANG
ETFS FANG+ ETF (ASX Code: FANG) offers investors exposure to highly traded next generation technology and tech-enabled companies. FANG provides a concentration exposure to global innovation leaders.
FANG aims to provide investors with a return that, before fees and expenses, tracks the performance of the NYSE®FANG+™ Index by investing in the shares that make up the index in proportion to their index weights. The index focuses on those companies representative of high growth technology or advanced technology-driven sectors on the major U.S. stock exchanges.
FANG includes some of the top innovation leaders across today’s technology and tech-enabled companies. It is equally weighted across all companies (index constituents) and rebalanced quarterly.
Why consider FANG
Simple, low-cost access to top global innovation leaders listed on major U.S. stock exchanges.
Concentrated exposure to tech and tech-enabled household names.
Exposure to world-changing megatrends such as digitisation and electric vehicles.
The committee seeks to reflect as closely as possible the index’s objective of representing a segment of the technology and consumer discretionary sectors consisting of the most highly-traded and high-growth technology and internet/media stocks such as Facebook, Apple, Amazon, Netflix, and Alphabet (Google).
Authorised Depositary Receipt (ADR) - is a negotiable certificate issued by a bank representing shares in a foreign company traded on a local stock exchange. The depositary receipt gives investors the opportunity to hold shares in the equity of foreign countries and gives them an alternative to trading on an international market.
Exposure to international growth through companies with globally diversified customer bases and revenue streams.
- Complement your exposure to technology with tech-aligned companies outside of the GICS classification.
- As a thematic tilt towards megatrends.
|Date (NAV)||07 May 2021|
|Fund inception date||27 Feb 2020|
|Management Costs (% p.a.)||0.35|
|Legal Form||Managed Investment Scheme|
|Bloomberg Code||FANG AU Equity|
|Trading hours||10:00AM – 4:00PM|
Management & Administration
|Issuer||ETFS Management (AUS) Limited|
|Custodian||JPMorgan Chase Bank N.A. (Sydney Branch)|
|Registrar||Computershare Investor Services Pty Limited|
|Benchmark||NYSE® FANG+™ Index|
|Announcement date||4 Jan 2021|
|Ex-date||31 Dec 2020|
|Record date||4 Jan 2021|
|Payment date||18 Jan 2021|
|Distribution per unit |
|12-month franking level||0.00%|