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Thank you for Peters marvellous article on Fangs.
I nearly always get my dealings in ETFs wrong, so I was wondering if you could suggest a managed leaders fund that specialises in the top 20 or 50 shares that might hold substantial holdings in some, or all, of the nominated companies.
A: Thanks for the comment about Peter’s article.
There probably is an ETF listed on one of the US exchanges that specialises in investing in these companies (and their like), however, I am not aware of what it is.
Locally, you may want to consider an active manger like Magellan.
Have a look at this ASX quoted fund, which trades under the ASX code of MGE (product update attached). I am not sure whether he has positions in these companies, but they do sound like the sort of companies he would consider.
You could also look at a local ETF – the NASDAQ 100 ETF from Betashares. Tracks the NASDAQ 100 index. ASX code is NDQ.
Hope this helps.
