Key Highlights

  • The fund holds 43 technology companies, with the top ten at 37.35%.
  • Technology holds 100% of the portfolio, and Japan holds 17.49% against 3.98% for the category.
  • The management fee is 0.45% and the fund reports a beta of 2.78.
  • The July 2026 distribution of $3.827 is lower than the $11.351 paid in July 2025.

Global X Morningstar Global Technology ETF (ASX:TECH) aims to provide investors with a return that, before fees and expenses, tracks the performance of the Morningstar Developed Markets Technology Moat Focus Index. The fund was admitted to the ASX on 11 April 2017 and last traded at $125.35 on 13 October 2026. It reports a fund size of $365.06 million.

Detail

Information

Ticker

ASX:TECH

Fund

Global X Morningstar Global Technology ETF

Category

Equity Global Technology

Benchmark

Morningstar DM Tech Moat Foc NR USD

Fund size

$365.06 million

Management fee

0.45%

Total holdings

43

ASX admission date

11 April 2017

Holdings

The ten largest positions represent 37.35% of the fund. Arista Networks leads at 4.44%, followed by Microsoft (4.29%), Amphenol (4.13%), Sony Group (3.93%) and NVIDIA (3.93%). Cognizant Technology Solutions (3.78%), Autodesk (3.54%), Broadcom (3.50%), Zebra Technologies (3.13%) and Manhattan Associates (2.64%) complete the list.

Companies between $500 million and $1 billion in market capitalisation represent 14.10%.

Country exposure

The United States accounts for 69.22% of the fund, below the 77.83% category figure. Japan holds 17.49%, the Netherlands 3.55%, the United Kingdom 2.23% and Canada 2.00%. Spain holds 1.94%, Germany 1.79% and Singapore 1.77%.

Technology accounts for 100% of the sector weighting, against 90.65% for the category, so the fund has no exposure to other sectors. Cash is 0.12%.

Fee, risk and distributions

The management fee is 0.45% a year. The fund reports a beta of 2.78 and a standard deviation of 30.98. The final distribution of $3.827 per unit had an ex-date of 2 July 2026, a record date of 3 July and payment on 16 July.

That is higher than the $0.457 paid in July 2023 and $0.036 in January 2024, but lower than the $11.351 paid in July 2025 and $7.011 in July 2024.

Category classification and liquidity

Morningstar places the fund in the Equity Global Technology category, which covers funds investing primarily in technology companies listed around the globe, without a specific regional bias in company selection, most commonly computer, internet and communications stocks.

Liquidity indicators add a further view. There are 2,852,067 units on issue, and average daily trading volume is 5,702 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 3,200 to 18,100 units, with 5,435 recorded on 13 October while the market was still open. The bid-offer range stood at $125.00 to $128.00, and the day range at $125.35 to $126.91. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged Units on Issue for September 2026 on 7 October, the Annual Financial Report on 28 September and Annual Statements 2026 on 16 September. A Quarterly Exit Periodic Statement followed on 14 August.

Final Takeaway

TECH holds only technology companies, selected on competitive-advantage criteria, with a higher Japan weighting than its category. The 0.45% fee, 2.78 beta and large but uneven distributions describe its profile. These facts do not forecast outcomes.