Global X FANG+ (Currency Hedged) ETF (ASX: FHNG)

The Global X FANG+ ETF (FHNG) provides a concentrated exposure to the vanguard of global innovation by investing in ten of the most highly traded technology and tech-enabled giants. Tracking the NYSE FANG+ Index, the fund targets the high-growth leaders dominating the modern market landscape, including the original FANG constituents and other pioneering companies across the information technology, consumer discretionary, and communication services sectors.

By utilising an equal-weighted methodology, FHNG ensures that each of the ten companies contributes significantly to the fund’s performance, avoiding the over-concentration common in market-cap weighted indices. The fund is currency hedged to Australian dollars, reducing the impact of exchange rate volatility on investor returns. This thematic tool allows for a strategic tilt towards megatrends, offering a simplified way to access globally diversified revenue streams from the household names and innovators currently shaping the next generation of digital and consumer technology.

FHNG provides a concentrated exposure to global innovation leaders by investing in highly traded growth stocks of tech and tech-enabled companies. FHNG tracks the NYSE® FANG+™ Index (AUD Hedged), which contains 10 companies across the Information Technology, Consumer Discretionary and Communication Services sectors that are hedged back to the Australian dollar.

The acronym ‘FANG’ was first coined by CNBC’s ‘Mad Money’ host Jim Cramer in 2013.

FANG is used to collectively refer to the four high-growth technology stocks dominating our lives and the market: Meta (Formerly Facebook), Amazon, Netflix and Alphabet’s Google.

FHNG seeks to invest in stocks at the leading edge of next-generation technology that includes household names and newcomers.

• Information Technology: is the use of computers to create, process, store, retrieve, and exchange all kinds of electronic data and information.
• Consumer Discretionary: is goods and services that are considered non-essential by consumers, but desirable if their available income is sufficient to purchase them.
• Communication Services: is the act of communicating using any system or the act of transmission and receipt of information between two or more points.

Source: Global X as of August 2022. Numbers are rounded.

• FHNG tracks the NYSE® FANG+™ Index (AUD Hedged).
• The index provides exposure to 10 of today’s highly traded tech giants.
• To qualify for inclusion, companies must have a minimum market capitalisation of US$5bn and a 6-month average daily turnover of US$50m. 
• Companies are equally weighted and rebalanced quarterly.
• FHNG is currency hedged to Australian dollars.

• Exposure to international growth through companies with globally diversified customer bases and revenue streams.
• Complement your exposure to technology with tech-aligned companies outside of the GICS classification.
• As a thematic tilt towards megatrends.

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Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.