Mike S. Newton, CIM FCSI
1stTr NASD 100 Tech ETF
QTEC-Q
BUY
Sep 24, 2013
Investing in technology ETFs. Should these be split into things such as semiconductors and software or consolidated into one equal weighted ETF such as 1stTr NASD 100 Tech?When you buy a NASDAQ ETF, you are not buying all technology. Also, if it is not equal weight, you are going to be buying a ton of Apple (AAPL-Q), etc. The equal weight one you mentioned would be the route he would go. He also likes iShares xUS Info Tech (AXIT-N), which is a great way to play technology globally without being shoved into all the big US technology names.
Investing in technology ETFs. Should these be split into things such as semiconductors and software or consolidated into one equal weighted ETF such as 1stTr NASD 100 Tech? When you buy a NASDAQ ETF, you are not buying all technology. Also, if it is not equal weight, you are going to be buying a ton of Apple (AAPL-Q), etc. The equal weight one you mentioned would be the route he would go. He also likes iShares xUS Info Tech (AXIT-N), which is a great way to play technology globally without being shoved into all the big US technology names.