Goldman Sachs Launches GTEK, High Tech ETF
In what appears to be a response to Cathie Wood's ARK funds, Goldman Sachs has launched a high technology ETF. More global in nature the ETF features stocks with market caps of less than $100B.
The top 10 holdings are:
Kingdee Intl. Software
Palo Alto Networks
I've heard of roughly half of these stocks.
Sounds intriguing. Not thrilled with the 0.75% management fee, but if the returns are great, it won't matter much.
Are there other funds/ETFs that focus on non mega cap tech stocks?
"If James Bond was an Amish spy, he would drink buttermilk. Shaken, not churned."