Gold, FANG, and global health care ETFs join QSuper’s investment offering
06 July 2021
5
min read
Changes from 1 July 2021 mean eligible QSuper members will have access to more Exchange Traded Funds ("ETFs"), including FANG, gold and global health care ETFs.
Exchange Traded Funds are an increasingly popular way to invest in the financial markets.
From 1 July 2021, eligible QSuper members, through our Self Invest investment option,1 now have access to 84 ETFs – an increase from the 35 ETFs available prior to this date.
Lower brokerage fees also came into place from 1 July 2021 and the cash management account fee (that was 0.40%) was removed.
As vaccines continue to roll out amid the coronavirus response, ETFs have become available for investment in the healthcare industry. Gold ETFs and FANG ETFs, that provide investors with exposure to the performance of the 10 most highly-traded next generation technology and tech-enabled companies listed on US stock markets (e.g. Facebook, Amazon, Netflix and Google), are also available under the changes.
The move already has some QSuper members looking forward to potentially investing in new options.
What are Exchange Traded Funds?
Exchange Traded Funds offer access to investing in a wide range of Australian and international companies through a selection of pre-mixed portfolios. They are structured like a managed fund and can be traded like shares on the Australian Securities Exchange (ASX).
You can invest in ETFs using your super
Eligible QSuper members1 can access ETFs through our Self Invest investment platform. ETFs may be a way to spread your money over a range of securities or gain exposure to a specific sector or investment group.
One member’s story
QSuper member and Self Invest investor, David,2 said he was interested in investing it the types of companies he thought may make money over the long term, such as tech companies, renewable energy, and socially responsible companies.
"I was an early adopter and joined Self Invest shortly after it opened. I guess the main reason was I wanted more choice, and I like the low-cost generally available in ETFs," David said."
Ultimately I’m looking for a diverse portfolio, which is growth focussed, so it might take me some time to figure out the right balance of ETFs if I start moving my super around.
He said FANG ETFs, bundling big tech companies such as Facebook, Apple, Amazon, Netflix and Google, of the new ETFs available from 1 July 2021, had particular appeal to him.
"Most are giant technology companies, which are dominating their markets, innovate consistently and are part of a growing technology market," he said.
"The good thing about an index is it keeps adjusting based on which companies are meeting the criteria or objective.
"I prefer to think of my portfolio as a mixture of industries or themes. For example, I prefer to form my view on the long-term profitability of something like the renewable energy sector rather than a particular company within it. Then I’ll buy an ETF which offers me exposure to the industry or theme."
Find out more
Visit our ETF webpage to learn more about ETFs and how you can use your super to invest in a wide range of Australian and international companies.
1. Subject to eligibility criteria, as detailed in the Investment Choice Guide. Self Invest is only available for members with an Accumulation account or a Retirement Income account.
2. Surname withheld.
The views and opinions expressed by those providing comments are theirs alone, and are not necessarily those of the QSuper Board, as they reflect their own personal circumstances, so their choices and outcomes will be different to yours. Consider your own circumstances and the QSuper Product Disclosure Statement (PDS) at qsuper.qld.gov.au/pds before deciding what is right for you.