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

Overview

Betashares S&P/ASX Australian Technology ETF (ATEC) gives Australian investors a focused way to research listed technology and related businesses. Its holdings range from software and IT services to online platforms and digital health. The portfolio’s concentration is an important part of its profile: the supplied data shows that its ten largest holdings make up 75.769% of assets. Recent supplied returns also differ markedly across measurement periods, underscoring that sector-focused exposure can move unevenly.

Category

ATEC offers focused exposure to Australian companies involved in technology and adjacent activities. Rather than representing the whole Australian sharemarket, its portfolio brings together businesses such as software providers, IT services companies, online platforms and digital-health firms. That focus may give it a different profile from funds centred on broad-market Australian shares.

Technology businesses cover a wide range of activities, from software and data infrastructure to online marketplaces and digital health services. A sector-focused portfolio can therefore reflect both technology-specific sentiment and developments affecting the industries in which its companies operate. ATEC’s Australian focus and concentrated holdings shape that exposure.

Key facts

Ticker

ATEC

Exchange

AU

ISIN

AU0000075467

Category / focus

Equity Australia Other

Provider

BetaShares Capital Ltd

Domicile

Australia

Currency

AUD

Inception date

2020-03-04

UCITS

No

Costs

TER

0.00%

Net expense ratio

0.00%

AUM

531.8M

The supplied display fields report a total expense ratio of 0% and a net expense ratio of 0%. Check the fund’s current disclosure documents for the applicable fees and costs before making any decision, as the displayed figures may not capture every cost of investing or trading units. The supplied dividend yield is 1.78%; distributions and yields can change and are not guaranteed.

Performance

YTD

-7.0%

1 year

-26.8%

3 years

7.0%

5 years

0.1%

Dividend yield

1.78%

Top 10 concentration

75.8%

Holdings

1. Computershare Ltd10.60%

   Ticker

   CPU

   Sector

   Financial Services

   Country

   Australia

2. Xero Ltd10.41%

   Ticker

   XRO

   Sector

   Technology

   Country

   Australia

3. NEXTDC Ltd8.33%

   Ticker

   NXT

   Sector

   Technology

   Country

   Australia

4. CAR Group Ltd8.31%

   Ticker

   CAR

   Sector

   Communication Services

   Country

   Australia

5. Pro Medicus Ltd7.88%

   Ticker

   PME

   Sector

   Healthcare

   Country

   Australia

6. Technology One Ltd7.87%

   Ticker

   TNE

   Sector

   Technology

   Country

   Australia

7. REA Group Ltd7.03%

   Ticker

   REA

   Sector

   Communication Services

   Country

   Australia

8. Wisetech Global Ltd6.78%

   Ticker

   WTC

   Sector

   Technology

   Country

   Australia

9. Codan Ltd4.40%

   Ticker

   CDA

   Sector

   Technology

   Country

   Australia

10. Seek Ltd4.16%

    Ticker

    SEK

    Sector

    Communication Services

    Country

    Australia

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

The supplied top holdings include Computershare, Xero, NEXTDC, CAR Group and Pro Medicus. The ten largest holdings account for 75.769% of the portfolio, indicating notable company-level concentration. The portfolio spans software, IT services, online businesses, healthcare technology and financial services.

Regions

• Australasia92.4%

• North America7.6%

• 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

• Technology58.1%

• Communication Services19.4%

• Financial Services12.0%

• Healthcare10.5%

• 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.

Related ETFs

ATEC stands apart from global or narrowly themed technology ETFs through its Australian-company focus. Comparing it with regional or specialist funds such as ASIA, CLDD and HACK highlights differences in geography and technology sub-sector exposure; these are context, not recommendations.

Risks

Who it may suit

ATEC may interest investors researching a focused allocation to Australian-listed technology and technology-related companies. Its substantial top-ten concentration means its performance can be strongly influenced by a relatively small number of holdings. It is not a broad-market Australian share fund.

Key risks

ATEC is focused on a single sector and has a high concentration in its largest holdings: the supplied top-ten concentration is 75.769%. This can leave returns sensitive to company-specific developments and changing sentiment towards technology and related businesses. The supplied return figures also vary across periods, including a negative one-year return. The fund’s price and distributions can rise or fall, and historical returns are not a guide to future performance.

FAQ