Nasdaq Next Gen 100 ETF
Overview
Fund objective
JNDQ aims to track the performance of the Nasdaq Next Generation 100 Index® (before fees and expenses). The Index provides exposure to the 100 largest Nasdaq-listed non-financial companies by market capitalisation outside of the Nasdaq-100 Index®.
Benefits
Today’s emerging innovators, tomorrow’s leaders
JNDQ provides exposure to a collection of innovative companies with the potential to become tomorrow’s leaders in sectors including technology, healthcare and industrials.
Examples of leading companies that graduated from the Nasdaq Next Generation 100 Index to the Nasdaq-100 include Tesla, Netflix and Docusign.
Access growth potential early in the journey
Many of the companies in JNDQ’s Index are at a relatively early stage of their development. JNDQ provides exposure with meaningful weightings to companies having potential for significant growth.
Diversification
JNDQ’s Index offers broad diversification at both a company and sector level relative to the Nasdaq-100 Index. No security weight can exceed 4%, resulting in relatively low stock concentration risk. While technology is the most heavily represented sector in JNDQ’s Index, sectors including healthcare, consumer discretionary and industrials also have substantial weightings, resulting in a more diversified exposure overall.
Invest in JNDQ with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 525,086 |
|---|---|
| Management fee and cost** (p.a.) | 0.48% |
| Distribution frequency | At least annually |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
* As at 17 January 2025
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| NAV | * As at 17 January 2025 |
| NAV/Unit* | $18.04 |
| * Data is delayed by at least 20 minutes. | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| ASX code | JNDQ |
|---|---|
| Bloomberg code | JNDQ AU |
| IRESS code | JNDQ.AXW |
| Market makers | Susquehanna Pacific |
Index information
| Index | Nasdaq Next Generation 100 Index |
|---|---|
| Index provider | Nasdaq, Inc. |
| Index ticker | N/A |
| Bloomberg index ticker | NGXNAUD Index |
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | 1.37% | 1.40% |
| 3 months | 14.01% | 14.15% |
| 6 months | 19.51% | 19.86% |
| 1 year | - | 27.05% |
| 3 year p.a. | - | 3.30% |
| 5 year p.a. | - | 10.38% |
| 10 year p.a. | - | 13.01% |
| Since inception | 19.31% | 19.82% |
| Inception date | 20-Feb-24 | - |
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| UNITED AIRLINES HOLDINGS INC | 2.1 |
| ALNYLAM PHARMACEUTICALS INC | 1.9 |
| EBAY INC | 1.9 |
| MONOLITHIC POWER SYSTEMS INC | 1.7 |
| TRACTOR SUPPLY CO | 1.7 |
| EXPAND ENERGY CORP | 1.5 |
| TRIP.COM GROUP LTD | 1.4 |
| NETAPP INC | 1.4 |
| EXPEDIA GROUP INC | 1.4 |
| PTC INC | 1.3 |
Sector allocation
| Information Technology | 32.3% |
|---|---|
| Health Care | 22.8% |
| Industrials | 13.0% |
| Consumer Discretionary | 13.0% |
| Communication Services | 6.2% |
| Consumer Staples | 4.8% |
| Utilities | 2.5% |
| Financials | 1.8% |
| Energy | 1.4% |
| Other | 2.1% |
* As of 31 December 2024
Distributions
Frequency and yield
| Distribution frequency | At least annually |
|---|
*As at 31 December 2024. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not an indicator of future performance.
You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.039959 | - |
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance