The S and P ASXalltechnologyindexbringstogetherforthefirsttimecompaniesacross a rangeofindustrieswhosebusinessesareprimarilytechnologyfocused.
Theoldtakingdickswillprovidethemarketwithbenchmarkthatenablesinvestorsandproductissueistomeasureperformanceandfacilitateinvestmentinthesector. 00:00:46.240 --> 00:01:1.340 Webelieveitwillbecomethemarketsbenchmountforthetechnologysectoras a whole, sparinginvestmentactivityandattractingnewtechnologycompaniestofeaston a sixreallywelcomethecollaborationbetweenthe S and P andthesixaroundtheArcticIndex. 00:01:1.340 --> 00:01:13.360 Becausewhatitdoesiscreatesmorefocusontechnologyinthestreet, moreopportunitiesforinvestorsandmoreopportunitiesforemergingbusinessescompaniesinthesickthattogainaccesstocapital.
I thinkthere's gonnabe a realbenefittothemarketfromhaving a technologyindexsothatitwillbeeasiertoidentifyallofthesesimilartechstocksacrossthemarket, regardlessoffwhatunderlyingindustrythere.
TechnologyIndexwillcreate a virtuouscirclewherewe'llgethighqualityiscomingthrough.
Thatwillattractmoreinvestments, andinduecoursethatwillbringotherhighqualitycompaniestotheindex. 00:01:36.030 --> 00:02:2.670 Thetechnologyindexwillbenefitcompaniesinthemarketsbecauseitwillprovidedefinitiontosomethingthatisgrowingverystronglyaspartof a diversifiedportfoliowaybelievethatexposuretothe S and P ASXalltechnologyindexisgoingtoprovidereallyterrificopportunityforlongtermcapitalgrowthonatthesametimeinhandsdiversificationinAustraliasportforyears. 00:02:3.020 --> 00:02:18.480 There's anacresystemherethatisstartingtoform, andweneedtopushthatecosystemandgetfoundersandentrepreneursandinvestorsandeverybodygovernmentandeverybodyinvolvedinunderstandinghowpowerful, howimportantindustryandeconomythattechsectorisgoingtobe.
Thereisveryclearlygrowingdemandfrom a staininvestorsfortechnologyexposure.
A lotofthat's beingfueledbythesuccessofsomeofthebiggernamesthatshownthatthereturnsreallycanbepremiumifyougetitright.
I'm surethatwiththistechnologyindexnowinplace, thatwillbe a rangeofopportunitiesarisedifferentproductstructures.
This'd a realopportunityforAustraliatobecomeanexportindustryand a lotofthesedifferentareas, andit's anexcitingtime.
We'veseentheglobalsuccessof a numberofcompanies.
Nowthathas a trickledowneffectrightthroughouttheecosystemanditbuildsconfidencefrominvestors. 00:02:58.820 --> 00:03:1.620 So I thinkthisdryingtechsectorsneverbeenin a betterplace. 00:03:1.950 --> 00:03:9.000 The S and P a sixalltechnologyindex, isbringingattentiontotechnologycompaniesandopportunitiesforinvestors. 00:03:9.350 --> 00:03:12.050 Formoreinformation, visitthe A sixwebsite.