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ATEC - BetaShares S&P/ASX Australian Technology ETF

Discussion in 'Stocks 0-H' started by Dona Ferentes, Jun 10, 2020.

  1. Dona Ferentes

    Dona Ferentes

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    The BetaShares S&P/ASX All Technology Index ETF had an inauspicious beginning. It began trading in the first week of March amid the first rumblings that there could be a coronavirus shutdown in Australia. The index plunged 34 per cent as investors panicked in the face of uncertainty about how COVID-19 would affect the local and international economies.

    Those who argue in favour of diversification as a protection against concentration risk will see the merit in owning an ETF rather than one or two high-profile tech stocks.

    The high dispersion in performance between index constituents can be seen in the fact that seven of them have gained at least 30 per cent in 2020 led by Pushpay Holdings, up 85 per cent, and Afterpay, up 62 per cent. However, nine index constituents have declined by at least 30 per cent this year.

    The S&P/ASX All Technology Index is weighted by float-adjusted market capitalisation, subject to a single constituent weight cap of 25 per cent of the total index weight.

    Securities included in the index must, as of the rebalancing reference date, have a minimum three-month average float-adjusted market capitalisation of $120 million.

    Also, stocks require a minimum relative liquidity of 30 per cent and if any stock's relative liquidity drops below half of the 30 per cent threshold, it becomes ineligible and is removed at the next quarterly rebalancing.

    upload_2020-6-10_13-26-9.png
     
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  2. frugal.rock

    frugal.rock

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    Did they miss this one?
    Openpay.... They all seemed to follow Z1P's lead... Sezzle also sizzled again.
    Screenshot_20200611-005836.png

    F.Rock
     
  3. Dona Ferentes

    Dona Ferentes

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    It's an "active ETF", not passive. Currently 53 companies in it, with top 10 holdings amounting to 71% (in percentage terms 15, 12, 10, 7, 6, 5, 5, 4, 4 & 3%)

    MER 0.48%pa. Current size $34mill

    Only reset every quarter, so your examples may not feature until July (by which time, the gains have been made??)

    APT .. AFTERPAY LTD
    XRO .. XERO LTD
    CPU .. COMPUTERSHARE LTD
    REA .. REA GROUP LTD
    CAR .. CARSALES.COM LTD
    ALU .. ALTIUM LTD
    NXT .. NEXTDC LTD
    WTC .. WISETECH GLOBAL LTD
    APX .. APPEN LTD
    LNK .. ADMINISTRATION HOLDINGS L
    TNE .. TECHNOLOGY ONE LTD
    IRE . . IRESS LTD
    MP1 .. MEGAPORT LTD
    EML .. EML PAYMENTS LTD
    WEB .. WEBJET LTD
    BVS .. BRAVURA SOLUTIONS LTD
    PME .. PRO MEDICUS LTD
    NEA .. NEARMAP LTD
    CDA .. CODAN LTD/AUSTRALIA
    DTL .. DATA#3 LTD
    KGN .. KOGAN.COM LTD
    DHG .. DOMAIN HOLDINGS AUSTRALIA LTD
    IFM . . INFOMEDIA LTD
    HSN .. HANSEN TECHNOLOGIES LTD
    AD8 .. AUDINATE GROUP LTD
    FCL .. FINEOS CORP HOLDINGS PLC-CDI
    IRI . . INTEGRATED RESEARCH LTD
    RBL .. REDBUBBLE LTD
    BTH .. BIGTINCAN HOLDINGS LTD
    ELO .. ELMO SOFTWARE LTD
    RHP .. RHIPE LTD
    PPH .. PUSHPAY HOLDINGS LTD
    DUB .. DUBBER CORP LTD
    VHT .. VOLPARA HEALTH TECHNOLOGIES LT
    PPS .. PRAEMIUM LTD
    LVT .. LIVETILES LTD
    CAT .. CATAPULT GROUP INTERNATIONAL L
    CGL .. CITADEL GROUP LTD/THE
    CL1 .. CLASS LTD
    PCK .. PAINCHEK LTD
    360 .. LIFE360 INC
    ALC .. ALCIDION GROUP LTD
    RAP .. RESAPP HEALTH LTD
    OTW .. OVER THE WIRE HOLDINGS LTD
    NET .. NETLINKZ LTD
    AMS .. ATOMOS LTD
     
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  4. Dona Ferentes

    Dona Ferentes

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    ATEC is up 47% in the 3 months to 30 June (almost one fifth of the fund is AfterPay)
     
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