Global X FANG+ ETF
Open To Retail Investors

Global X FANG+ ETF

Global X FANG+ ETF
Global X FANG+ ETF
|
Last Updated 03.04.2024

Invest in highly traded next generation companies.

Global X FANG+ ETF
Min. Investment
$500
Objective
Growth
Structure
ETF
Asset Class
Shares/​Equity
Liquidity
Listed
Closing Date
Open Ended
View More Details
Min. Investment
$500
Objective
Growth
Structure
ETF
Asset Class
Shares/​Equity
Liquidity
Listed
Closing Date
Open Ended
Industry
Software, Technology, Telecommunication
Funding Stage
Listed
Security Type
Unit in a trust
Target Capital
N/​A
Availability
Open for investment

Management Fees
0.35% p.a. of NAV
Performance Fees
Nil
Benchmark
NYSE FANG+® Index
Investment Time Frame
7 Years
Number of Investments
10 companies
Distributions
Semi-Annually

Global X FANG+ ETF (ASX: FANG) seeks to invest in companies at the leading edge of next-generation technology that includes household names and newcomers.

FANG provides a concentrated exposure to global innovation leaders by investing in highly traded growth stocks of tech and tech-enabled companies. FANG tracks the NYSE FANG+® Index, which contains 10 companies across the Information Technology, Consumer Discretionary and Communication Services sectors.

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. Over time, this acronym was expanded to include Apple, resulting in the new acronym “FAANG”.  The term is also often used by commentators to encompass the top innovation companies of our time.

  • Information Technology: is the use of computers to create, process, store, retrieve, and exchange all kinds of electronic data and information. IT companies account for 31% of the FANG portfolio.
  • Consumer Discretionary: is goods and services that are considered non-essential by consumers, but desirable if their available income is sufficient to purchase them. Consumer Discretionary companies account for 32% of the FANG portfolio.
  • Communication Services: is the act of communicating using any system or the act of transmission and receipt of information between two or more points. Communication Service companies account for 37% of the FANG portfolio.

  • FANG tracks the NYSE FANG+® Index.
  • 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.

  • 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.

Click here to view our Latest Performance Details.

The issuer of units in Global X FANG+ ETF (FANG) ARSN: 628 036 635 is the responsible entity of the Fund, being Global X Management (AUS) Limited (AFSL 466778) (“Global X”). The product disclosure statement (PDS) for the Fund contains all of the details of the offer of units in the Fund. Copies of the PDS are available from Global X Management (AUS) Limited or at www.globalxetfs.com.au. In respect of each retail product, Global X has prepared a target market determination (TMD) which describes the type of customers who the relevant retail product is likely to be appropriate for. The TMD also specifies distribution conditions and restrictions that will help ensure the relevant product is likely to reach customers in the target market. Each TMD is available at www.globalxetfs.com.au. The information provided in this document is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information in this document, 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. None of Global X, the group of companies which Mirae Asset Global Investments Co., Ltd is the parent , or their respective directors, employees or agents guarantees the performance of any products issued by Global X  or the repayment of capital or any particular rate of return therefrom. 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. Source ICE Data Indices, LLC, is used with permission. “NYSE FANG+®” is a service/trademark of ICE Data Indices, LLC or its affiliates and has been licensed, along with the NYSE FANG+® Index (“Index”) for use by Global X Management (AUS) Limited in connection with Global X FANG+ ETF (FANG) (the “Product”). Neither Global X Management (AUS) Limited, Global X FANG+ ETF (the “Trust”) nor the Product, as applicable, is sponsored, endorsed, sold or promoted by ICE Data Indices, LLC, its affiliates or its Third-Party Suppliers (“ICE Data and its Suppliers”). ICE Data and its Suppliers make no representations or warranties regarding the advisability of investing in securities generally, in the Product particularly, the Trust or the ability of the Index to track general market performance. Past performance of an Index is not an indicator of or a guarantee of future results. Ice data and its suppliers disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any information included in, related to, or derived therefrom (“index data”). Ice data and its suppliers shall not be subject to any damages or liability with respect to the adequacy, accuracy, timeliness or completeness of the indices and the index data, which are provided on an “as is” basis and your use is at your own risk.

 

Information current as at 18 August 2022.

About Global X ETFs 

Global X ETFs is a leading global ETF provider with a growing range of cost-effective and innovation-led products which are built to help investors and their advisers achieve better investment outcomes. While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer Core, Commodity, and Digital Assets funds to suit a wide range of investment objectives. Explore our ETFs, research, and insights, and more at www.globalxetfs.com.au.

 

Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than US$528 billion in assets under management worldwide.¹ Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with almost $100 billion in assets under management.²

 

¹ Assets under management as at March 2023, Mirae Asset Global Investments 

² Assets under management as at June 2023, Mirae Asset Global Investments 

Click here to view our Product Flyer.

Click here to view our Fact Sheet.

Click here to view our Product Disclosure Statement.

Click here to view our Target Market Determination.

Click here to view our past and current Announcements and Notices.

The committee seeks to reflect as closely as possible the index’s objective of representing a segment of the technology and consumer discretionary sectors consisting of the most highly-traded and high-growth technology and internet/media stocks such as Facebook, Apple, Amazon, Netflix, and Alphabet (Google).

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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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.

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