31 January 2021
Product Information
Investment Objective
ETFS Morningstar Global Technology ETF (ASX Code: TECH) offers investors exposure to
the global technology sector encompassing hardware, software, and IT services.
ETFS Morningstar
Global Technology
ETF
Morningstar®
Developed Markets
Technology Moat
Focus Index℠
MSCI World Index
ETFS Morningstar Global
Technology ETF
ASX Code
Fund Performance
Trailing Return*
Name
1M
3M
6M
YTD
1Y
3Y
5Y
Since
Inception
1.5%
16.0%
22.3%
1.5%
26.7%
27.3%
-
27.9%
TECH
IRESS
TECH.AXW
ISIN
Issuer
AU00000TECH1
ETFS Management (AUS)
Limited
Domicile
1.5%
16.2%
22.6%
1.5%
27.0%
27.6%
26.5%
28.2%
Base Currency
Australia
Australian Dollar
Currency Hedged
-0.4%
6.5%
8.6%
Calendar Year Return*
-0.4%
0.7%
10.3%
11.5%
11.4%
2020
2019
2018
2017
2016
ETFS Morningstar Global Technology ETF
34.0%
38.2%
13.9%
-
-
Morningstar® Developed Markets Technology Moat
Focus Index℠
34.3%
38.3%
14.2%
29.1%
13.7%
5.6%
27.9%
1.4%
13.3%
8.0%
MSCI World Index
No
Inception Date
07 Apr 2017
Mgt. Fee (% p.a.)
0.45
Expense
Recovery (% p.a.)
0
Fund Size ($mn)
256.45
NAV per Unit
100.56
Investment Growth
Distribution Information
Fund vs Benchmark (Since Fund Inception)*
180%
Distribution Frequency
160%
140%
120%
Morningstar® Developed
Markets Technology Moat
Focus Index℠
100%
80%
60%
ETFS Morningstar Global
Technology ETF
40%
20%
Latest Distribution
Latest Distribution Date
12-Month Yield (%)
Semi-Annually
$7.65
30 Jun 2020
7.61
0
-20%
Apr 17
Mar 19
Top Holdings
Jan 21
Portfolio Weight %
Benchmark vs MSCI World (5-Year)*
250%
200%
150%
MSCI World Index
100%
Morningstar® Developed
Markets Technology Moat
Focus Index℠
50%
0
-50%
Jan 16
Jul 18
Jan 21
* Total returns in Australian dollar terms. Returns for periods greater than one year are annualised. Fund inception date 7 Apr
2017. Note that index and fund returns shown are 'net total return', meaning dividends are reinvested net of any withholding
taxes across the entire index in proportion to prevailing index weights. Morningstar® Developed Markets Technology Moat
Focus Index℠ was launched on 1 Jan 2017. Performance prior to this date is simulated. Index returns are theoretical and do
not include the impact of fees or costs of investing. Past performance is not a reliable indicator of future results.
Murata Manufacturing Co Ltd
4.6
Applied Materials Inc
4.7
F5 Networks Inc
4.6
In neon Technologies AG
4.5
Palo Alto Networks Inc
4.4
STMicroelectronics NV
4.3
Uber Technologies Inc
4.3
RingCentral Inc
4.2
Arrow Electronics Inc
4.0
Nice Ltd
4.0
Index Description
Benchmark Information
The Morningstar® Developed Markets Technology Moat Focus Index℠ offers investors
exposure to highly-rated technology companies that are the most attractively priced
according to the forward-looking views of Morningstar's global equity analyst team. The
index is equally-weighted to allow all constituents to contribute to returns.
Why TECH?


Morningstar® Developed Markets
Technology Moat Focus Index℠
Name
Base
Currency
US Dollar
Rebalancing
Frequency
Quarterly
Weighting
Scheme
Simple, low cost sector access to global technology.
Equal
Exposure to a sector that is underrepresented in the Australian domestic market.
Access to stock selection driven by Morningstar’s proprietary research.
Portfolio Statistics
Number of Holdings
37
Median Market Cap ($bn)
N/A
P/E Ratio^
63.2
P/B Ratio^
6.4
^ Weighted average of price divided by earnings (P/E) and book
value (P/B) per share. N/A where P/E Ratio is negative.
Industry Allocation %
10.4
19.6
42.1
Software
Semiconductors
Internet
Country Allocation %
United States
27.0
Electronics
76.7
Germany
4.5
Switzerland
4.3
Israel
4.0
France
Others
Market Capitalisation %
9.5
Large Cap
Mid Cap
2.0
90.3
8.4
This document is communicated by ETFS Management (AUS) Limited ("ETFS") (Australian Financial Services Licence Number 466778).
This document may not be reproduced, distributed or published by any recipient for any purpose. Under no circumstances is this document
to be used or considered as an offer to sell, or a solicitation of an offer to buy, any securities, investments or other financial instruments
and any investments should only be made on the basis of the relevant product disclosure statement which should be considered by any
potential investor including any risks identified therein. This document does not take into account your personal needs and financial
circumstances. You should seek independent financial, legal, tax and other relevant advice having regard to your particular circumstances.
Although we use reasonable efforts to obtain reliable, comprehensive information, we make no representation and give no warranty that it
is accurate or complete. Investments in any product issued by ETFS are subject to investment risk, including possible delays in repayment
and loss of income and principal invested. Neither ETFS, ETFS Capital Limited nor any other member of the ETFS Capital Group guarantees
the performance of any products issued by ETFS or the repayment of capital or any particular rate of return therefrom.
The value or return of an investment will fluctuate and investors may lose some or all of their investment. Past performance is not an
indication of future performance. The Morningstar® Developed Markets Technology Moat Focus Index was created and is maintained by
Morningstar, Inc. Morningstar, Inc. does not sponsor, endorse, issue, sell, or promote the ETFS Morningstar Global Technology ETF and
bears no liability with respect to that ETF or any security. Morningstar® is a registered trademark of Morningstar, Inc. Morningstar®
Developed Markets Technology Moat Focus Index is a service mark of Morningstar, Inc. The Morningstar® Developed Markets Technology
Moat Focus Index was created and is maintained by Morningstar, Inc and is licensed to ETFS Management (AUS) Limited by Morningstar
Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), a subsidiary of Morningstar, Inc. Neither Morningstar, Inc. nor Morningstar
Australasia Pty Ltd. sponsors, endorses, issues, sells, or promotes ETFS Morningstar Global Technology ETF, and neither Morningstar
entity bears any liability with respect to that ETF or any security. Morningstar® is a registered trade mark of Morningstar, Inc.
Morningstar® Developed Markets Technology Moat Focus Index is a trade mark of Morningstar, Inc.
Contact Us
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Sydney, NSW, 2000
Australia
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+61 2 8311 3488
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