BetaShares Asia Technology Tigers ETF (ASX: ASIA) Share Price and News
52 Week Range
1 Year Return
() Chart and Price Data
BetaShares Asia Technology Tigers ETF (ASX: ASIA) Latest News
James Mickleboro | February 27, 2021 1:15pm
James Mickleboro | February 7, 2021 12:03pm
Recent Stock Announcements
|Date||Heading||An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.||Time||Pages||File Size|
About BetaShares Asia Technology Tigers ETF (ASX: ASIA)
Betashares Asia Technology Tigers ETF (ASX: ASIA) is an ASX listed exchange-traded fund (ETF). ASIA aims to track the performance of the Solactive Asia ex-Japan Technology & Internet Tigers Index. This index comprises 50 of the largest technology shares in Asia excluding Japan.
ASIA is very much a growth-focused ETF with investments in some of the fastest growing tech and e-commerce companies in Asia. These include e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA), Chinese search engine Baidu Inc (NASDAQ: BIDU), electronics manufacturer Samsung Electronics Co Ltd (KRX: 005930), and WeChat owner Tencent Holdings Ltd (HKG: 0700).
According to the BetaShares website, the company maintains that, due to the region’s “younger, tech-savvy population, Asia is surpassing the West in terms of technological adoption and the sector is anticipated to remain a growth sector”. As at October 2020, nearly 60% of the fund’s holdings comprised Chinese companies.
ASIA shares first listed on the ASX in September 2018. Since then, the ASIA share price has performed impressively. By the end of August 2020, the fund delivered a net return, after management fees of 58.65% over the prior 12 months and 28% per annum since its inception. As at October 2020, ASIA attracts a management fee of 0.67% per annum.
Directors & ManagementData provided by Morningstar.
Top Share HoldersData provided by Morningstar.