According to Singapore Exchange Limited (SGX: S68), retail investor interest in ETFs has quadrupled in the first 11 months of 2020 as more people sign up for ETF investing platforms such as blue-chip investment plans and robo-advisors.
But there has been a lack of ETFs that allow investors to only purchase the biggest technology companies in the world.
Until now.
The Lion-OCBC Securities Hang Seng TECH ETF is the first ETF listed in Singapore that tracks a major technology index.
This ETF provides an exciting new option for investors interested in investing in the biggest Asian technology stocks, but lack the time to monitor the stocks individually.
To get acquainted with this ETF, here is an introduction to its top five components.
Sunny Optical Technology (Group) Co. Ltd (HKG: 2382)
Sunny Optical is one of the leaders in integrated optical device manufacturing and design.
Some of its products include smartphone camera modules, surveying instruments, microscopes and optical lens sets....
