ATEC AU

Betashares S&P/ASX Australian Technology ETF Guide (ATEC): What Is It All About?

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Overview

BetaShares S&P/ASX Australian Technology ETF (ATEC) provides focused exposure to Australian technology and related companies. Its portfolio includes software, digital platforms, data-centre infrastructure and other businesses, but its concentration means the fund’s fortunes are closely tied to a relatively small group of holdings. Supplied performance figures show a difficult recent period, with a -33.804% one-year return and a -16.611% return year to date.

Category

ATEC centres on Australian companies associated with technology and digital business, while also including related areas such as communications, financial services and healthcare. The theme captures a varied set of businesses rather than software and hardware companies alone.

Technology exposure can reach beyond companies classified strictly as information technology: this portfolio also includes businesses in communication services, financial services and healthcare. That broader mix offers a useful lens on Australian technology-related companies, while leaving the fund exposed to a concentrated set of businesses and sector-specific swings.

 

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Key facts

Ticker
ATEC
Exchange
AU
ISIN
AU0000075467
Category / focus
Australia & New Zealand Equity
Provider
BetaShares Capital Ltd
Domicile
Australia
Currency
AUD
Inception date
2020-03-04
UCITS
No

Costs

AUM
595.7M

The supplied data reports a total expense ratio and net expense ratio of 0%. These figures are the provided cost fields and may not capture every cost an investor could face when trading or holding the ETF.

Performance

YTD
-15.8%
1 year
-27.6%
3 years
7.9%
5 years
-1.6%
Dividend yield
1.85%
Top 10 concentration
73.6%

Holdings

  1. Computershare Ltd10.92%
    Ticker
    CPU
    Sector
    Financial Services
    Country
    Australia

  2. Xero Ltd8.20%
    Ticker
    XRO
    Sector
    Technology
    Country
    Australia

  3. Pro Medicus Ltd8.03%
    Ticker
    PME
    Sector
    Healthcare
    Country
    Australia

  4. CAR Group Ltd7.19%
    Ticker
    CAR
    Sector
    Communication Services
    Country
    Australia

  5. Codan Ltd7.35%
    Ticker
    CDA
    Sector
    Technology
    Country
    Australia

  6. Technology One Ltd7.19%
    Ticker
    TNE
    Sector
    Technology
    Country
    Australia

  7. NEXTDC Ltd7.35%
    Ticker
    NXT
    Sector
    Technology
    Country
    Australia

  8. REA Group Ltd7.03%
    Ticker
    REA
    Sector
    Communication Services
    Country
    Australia

  9. Wisetech Global Ltd6.19%
    Ticker
    WTC
    Sector
    Technology
    Country
    Australia

  10. Megaport Ltd4.13%
    Ticker
    MP1
    Sector
    Technology
    Country
    Australia

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The portfolio spans technology, communication services, financial services and healthcare. The largest listed positions include Computershare, Xero, NEXTDC, CAR Group and Pro Medicus. The top 10 account for 75.576% of the fund, making individual company performance a meaningful influence on results.

Regions

  • Australasia97.3%

  • North America6.7%

  • Japan0.0%

  • Asia Emerging0.0%

  • Latin America0.0%

  • Asia Developed0.0%

  • United Kingdom0.0%

  • Europe Emerging0.0%

  • Europe Developed0.0%

  • Africa/Middle East0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

  • Technology58.0%

  • Communication Services18.8%

  • Healthcare11.0%

  • Financial Services10.9%

  • Industrials0.1%

  • Energy0.0%

  • Utilities0.0%

  • Real Estate0.0%

  • Basic Materials0.0%

  • Consumer Cyclicals0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

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Risks

Who it may suit

ATEC may interest investors researching listed Australian technology and technology-related companies. Its sector and company concentration, as well as its recent reported losses, are important considerations; it is not a broad-market Australian shares fund.

Key risks

The fund has high concentration among its largest holdings, and its focused exposure can make returns more sensitive to company-specific developments and technology-sector sentiment than a broad-market portfolio. The supplied performance figures include a -33.804% one-year return and a -16.611% year-to-date return, illustrating that losses can be substantial. A reported dividend yield is not guaranteed and can change.

FAQ

What does ATEC invest in?

ATEC offers exposure to Australian companies across technology and related sectors. Its largest reported sector allocation is Technology, with Communication Services, Financial Services and Healthcare also represented.

How concentrated are ATEC’s holdings?

The fund’s reported top 10 concentration is 75.576%, so a relatively small group of companies accounts for a substantial share of the portfolio. Computershare and Xero are its largest listed holdings in the supplied data.

How has ATEC performed?

The supplied figures show returns of -16.611% year to date and -33.804% over one year, alongside a 5.048% three-year return and a -1.276% five-year return. Past performance does not indicate future results.

*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.

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