Nasdaq 100 Equal Weight ETF
- International shares
Invest in an equally weighted portfolio of the Nasdaq-100 companies
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
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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.
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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.
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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* | $14.76 |
* As at 23 April 2024
Profile
| Net assets* ($A) | $6,642,800 |
|---|---|
| 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 23 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% |
| KEURIG DR PEPPER INC | 1.2% |
| CONSTELLATION ENERGY CORP | 1.2% |
| ASTRAZENECA PLC | 1.2% |
| KRAFT HEINZ CO/THE | 1.1% |
| DIAMONDBACK ENERGY INC | 1.1% |
| TRADE DESK INC/THE | 1.1% |
| PEPSICO INC | 1.1% |
| XCEL ENERGY INC | 1.1% |
| DEXCOM INC | 1.1% |
* As at 26 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) |
|---|---|---|---|---|
| - | - | - | - | - |