Overview
Description
The Satrix Nasdaq 100 Feeder Portfolio is an exchange-traded fund designed to give investors exposure to the performance of the Nasdaq-100 Index, which consists of 100 of the largest non-financial companies listed on the NASDAQ stock exchange. This ETF predominantly targets the technology sector, housing giants like Apple, Microsoft, and Amazon, which drive the innovation wave in the U.S. and globally. The primary purpose of this fund is to provide investors with a diversified avenue to track the successes and movements of leading technology and consumer service firms, reflecting the growth and trends within these industries. The Satrix Nasdaq 100 Feeder Portfolio is instrumental in offering direct access to the robust and dynamic U.S. technology market, making it a pivotal aspect of international investment portfolios seeking technology focus without the administrative intricacies of global equities. By leveraging the established and liquid markets of the NASDAQ, this ETF ensures relative safety and accessibility to investors desiring a comprehensive slice of technological advancement and innovation.
About
Instrument type
Common stock
Sector
Industry
Country
South Africa
MIC code
XJSE