ASIA - BetaShares Asia Technology Tigers ETF

[frugal.rock]

Am surprised to find this ETF not on the forum.
Mentioned to me by @Linus van Pelt and I note it (SP) has been performing well (chart based ibservation only) overall since apparent inception in latter half of 2019.

Asia Technology Tigers ETF

Capture growth in leading Asian tech companies. Invest in ASIA through Betashares Direct with zero brokerage. Other costs may apply.

www.betashares.com.au

 

[over9k]

Betashares do some great products. I own several.

 

[Dona Ferentes]

Now we have all the ASX listed ETFs in one place, (some of them, at least) , it's handy to follow through up on and out with some.

ASIA seems to have peaked about when you posted, @frugal.rock and from that $14 a unit it is now down, down to the $9.30s today

 

[divs4ever]

i bought ASIA in October 2018 ( @ $5.40 ) abs December 2018 ( @ $5.05 ) and reduced ( capital rescue ) in January 2021 ( @ $12.25 )

divs

TYPE	CPS	FRANKED	EX-DIV DATE	PAY DATE
Final	38.960	--	01/07/2021	16/07/2021
Interim	--	--	04/01/2021	19/01/2021
Final	11.600	--	01/07/2020	16/07/2020
Interim	2.990	--	02/01/2020	17/01/2020
Interim	--	--	02/01/2019	17/01/2019

while it has NOT been a div. powerhouse , i didn't expect it to be medium term either ( more of a 'capital growth ' ETF )

now do you consider it as an Asian version of the US FAANG stocks or a proxy for a weaker US Dollar ( compared to Asian currencies )

i find ETFs useful as 'insurance strategies ' rather than straight up investment vehicles ( but many disagree )

DYOR

 

[frugal.rock]

ASIA seems to have peaked about when you posted, @frugal.rock and from that $14 a unit it is now down, down to the $9.30s today

Slightly above the 52 week low,
so I dipped in my toe,
where it goes, I don't know,
I just like to follow the flow...
Perhaps the bottom is in?
With all the geo stuff, I'm not convinced about this...
An entry off the chart, looking like forming a rounded bottom, volume contraction. A wait and see job. Small position, long hold.
Year of the tiger...

 

[qldfrog]

Nice channel but i would buy now and target sale at 8.75 or so

 

[frugal.rock]

A wait and see job. Small position, long hold.

I jumped the gun.
Bottom didn't eventuate.
It happens, sh!

I'm not one for hanging on to a downward runner, despite the long term hold intentions.
Was out when it brokedown past $8.00

With all the geo stuff, I'm not convinced about this...

I even had hesitations, which I chose to ignore.
Chalk that one up to ignorance.

 

[divs4ever]

i bought into ASIA in October 2018 @$5.40 and added more in December 2018 @ $5.05 , and reduced in January 2021 @ $12.25

am waiting ( patiently ) to add more near $5

this is much like ( in concept ) to an Asian version of a FAANG ETF

i was/am playing this like a 'tech bubble play ' but i definitely prefer the Asian variant as that is where i see the long term growth

DYOR

( BTW this was only a MODEST little adventure being in Asia you are taking on higher risk , so far )