Very New Investor
- 24 March 2014
Info found on this website.About FANG
ETFS FANG+ ETF aims to provide investors with a return (before fees and expenses) that 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 such as in the consumer discretionary on the major US 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.
Ten Stocks in one EFT, rebalanced each quarter
- Alibaba GRP - ADR
- Apple INC
- Alphabet Inc - A (owns Google)
- Baidu Inc - SP ADR
- Facbook Inc - A
As of 15 July 2020