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12.53000 AUD
0.14
1.13%
Last update May 7, 3:08 PM AEST
Market closed
Day range
12.53000
12.55000
Previous close
12.39000
Open
12.54000
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ETFS Magnificent 7+ ETF
12.53
0.14
1.13%

Overview

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Description

ETFS Magnificent 7+ ETF is an exchange-traded fund that seeks to provide investors with exposure to the ten largest US-domiciled companies listed on the NASDAQ Stock Exchange. The fund employs an equal-weighted approach, ensuring that each constituent company—including leading names from the technology, communication services, consumer discretionary, and consumer staples sectors—maintains a balanced representation in the portfolio. This design allows the ETF to capture both the innovation and market leadership characteristic of these global giants, which are known for robust network effects, wide-reaching user bases, and dominant positions in their respective industries. Through its global reach and sectoral diversification, ETFS Magnificent 7+ ETF offers investors a means to tap into the performance of influential US companies, providing revenue diversification and reducing dependency on a single company or market sector. Its structure as a transparent, rules-based fund makes it a strategic tool for those seeking to align with major trends in technology and large-cap equity markets, reflecting the significant role of these companies in shaping global economic and investment landscapes.

About

Address
8 Hadenfeld Avenue
Macquarie University
Sydney, 2109, NSW
Australia
Phone
+61 2 8201 9400
Website
Instrument type
ETF
Country
Australia
MIC code
XASX
Access /profile data via our API — starting from the Grow plan (individual) and the Venture plan (business) and above.
Market closed

Pre-market opens in 4 hours 54 minutes
Main market opens in 7 hours 54 minutes

02:05
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16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 10:00
Main market
10:00 - 16:00
Post-market
16:00 - 16:12
All times are displayed in the Australia/Sydney timezone (AEST, UTC+10:00).