Nasdaq 100 Equal Weight ETF

QNDQ

Invest in an equally weighted portfolio of the Nasdaq-100 companies

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Overview

Fund objective

QNDQ aims to track the performance of the Nasdaq-100 Equal Weighted Index (before fees and expenses). The Index provides exposure to 100 of the largest non-financial companies listed on the Nasdaq market, with each holding in the Index weighted equally.

Benefits of QNDQ

  • Access the new economy

    QNDQ’s portfolio contains 100 of the largest non-financial companies listed on the Nasdaq stockmarket, which includes companies that continue to revolutionise our lives including Amazon, Apple, Alphabet, Microsoft, Tesla and Nvidia.

  • Sector diversification, low stock concentration

    Each stock in QNDQ’s Index has a 1% weighting as at each rebalance, resulting in low stock concentration. Technology is the most heavily represented sector, but sectors including healthcare, consumer discretionary and industrials also have substantial weightings in the Index, resulting in a more diversified exposure overall.

  • Portfolio diversification for Australian investors

    QNDQ provides access to sectors that are under-represented in the Australian sharemarket. This may benefit Australian investors with a relatively large allocation to Financials and Mining companies and little exposure to Technology.

There are risks associated with an investment in QNDQ, including market risk, country risk, currency risk and index methodology risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.

How to invest

  • You can buy or sell units just like you’d buy or sell any share on the ASX.
  • Fund requires no minimum investment.

Key facts

Pricing information

Current price
Last trade*
% Change (prev day)
Bid (delayed)
Offer (delayed)

* Data is delayed by at least 20 minutes.

NAV
NAV/Unit* $14.64

* As at 18 April 2024

Profile

Net assets* ($A) $6,588,280
Units outstanding* (#) 450,000
Management fee and cost** (p.a.) 0.48%
Distribution frequency At least annually
Distribution reinvestment plan (DRP) Full or partial participation available

* As at 18 April 2024

* As of close of previous day
**Certain additional costs apply. Please refer to PDS.

Trading information

ASX code QNDQ
Bloomberg code QNDQ AU
IRESS code QNDQ.AXW
Market makers Susquehanna Pacific

Index information

Index Nasdaq-100 Equal Weighted Index
Index provider Nasdaq, Inc.
Index ticker N/A
Bloomberg index ticker NENNRAUD Index

Holdings & allocation

Portfolio holdings

Name Weight (%)
MICRON TECHNOLOGY INC 1.2%
CONSTELLATION ENERGY CORP 1.2%
KRAFT HEINZ CO/THE 1.1%
KEURIG DR PEPPER INC 1.1%
DIAMONDBACK ENERGY INC 1.1%
TRADE DESK INC/THE 1.1%
CINTAS CORP 1.1%
PEPSICO INC 1.1%
DATADOG INC 1.1%
META PLATFORMS INC 1.1%

* As at 19 April 2024. Excludes cash

Sector allocation

Information Technology
36.6%
Health Care
12.0%
Consumer Discretionary
11.8%
Industrials
11.3%
Communication Services
10.9%
Consumer Staples
9.1%
Utilities
4.2%
Energy
2.1%
Financials
1.1%
Other
1.0%

* As of 28 March 2024

Performance

Fund returns after fees (%)

  Fund Index Nasdaq 100 (AUD)
1 month 0.91% 0.93% 1.02%
3 months - 10.49% 13.64%
6 months - 18.44% 23.07%
1 year - 27.24% 42.98%
3 year p.a. - 12.73% 18.30%
5 year p.a. - 16.86% 22.65%
10 year p.a. - 17.85% 22.71%
Since inception (p.a.) 3.96% 3.98% 4.83%
Inception date 20-Feb-24 - -

* As at 28 March 2024.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

Chart

Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.

Distributions

Yield information

12 mth distribution yield* -

You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select ‘Reinvestment Plans'.

Recent distributions

Ex Date Record Date Payment Date Distribution Unit ($) Annual Distribution Return (%) (1)
- - - - -

Announcements

ASX announcements: QNDQ

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