Business
Here’s how the S&P/ASX All Technology Index fared in 2020
One of the most exciting entrants into the world of index investing in 2020 has undoubtedly been the S&P/ASX All Technology Index (ASX: XTX), or the ‘All Tech Index’.
Before this index was launched back in March, there was no easy way to track the performance of ASX tech shares. Although many of the shares in this index happen to come under the ‘Information Technology’ ASX sector, there are some that don’t. But with the All Tech Index’s launch, there was finally a single measure of the performance of the ASX’s best tech stocks, regardless of which sector they belong to.
So, as a refresher, the S&P/ASX All Technology Index was first launched at perhaps the worst possible time for a debut: 24 February 2020. I say that…
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