First Australian ETF Linked to Nasdaq Index Launches Updated: 5/27/2015
On May 27, 2015, the BetaShares Nasdaq 100 ETF began trading on the Australian Securities Exchange (ASX: NDQ). This is the first time that Australian investors have access to this prominent benchmark.
Rob Hughes, Vice President, Head of Index & Advisor Solutions at Nasdaq said: “We’re excited to partner with BetaShares on the first Nasdaq ETF to list in Australia. This exposes Australian investors to 100 of the world’s most dynamic companies, and is another milestone in the international expansion of investment products linked to Nasdaq indexes.”
International equities continue to be attractive to local ETF investors, and the new fund broadens the offerings available for investors looking for straightforward exposure to those securities.
The Nasdaq-100 Index includes the 100 largest, non-financial companies listed on the Nasdaq Stock Market and acts as a leading barometer for strong, growth companies at the forefront of innovation.