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Anonymous
Is this a good investment? What would be the best investment to make for the tech space?
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Colin Lim
29 Apr 2020
Financial Services Consultant at Colin Lim
You can view below link on OGIG, Pretty diverse into 3 sectors, majority on US market and China which stand at 22%. It has potential because the previous peak is 30.38.. Now its 28.53 at the point of writing.
There are also other tech funds...you can look at Janus Henderson Global tech and innovative fund.
https://www.marketwatch.com/investing/fund/jagtx
You can reach out to me for various discussion on financial planning.
#planwithcolin
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Assets Under Management (AUM) = 73 Mio USD to low, ETF prone to closure in the future, only the bigger ones survive. On closure
You have to reeinvest with fees (and possibly taxes from selling) again.
Expense Ratio (TER) = 0.48% that is O.K., though (arbitrarily i admit) better stay below 0.30%
Average Daily Volume 2.6 Mio USD low liquidity because of low AUM, leads to high spreads and difficulty trading
Sector (Internet) is very interesting
CONCLUSION: better stay away from this one, but consider the big & good ones with star performances: VGT, SOXX, SKYYโโโ