Tech sector boosts thematic ETFs, but all narratives need scrutiny

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Financial Times 15h ago

Tech sector boosts thematic ETFs, but all narratives need scrutiny - Financial Times

Quick Summary:

That reminds us of the power of a market narrative, as well as the fact that tech plays and racy growth stocks can still make huge gains even at a time when they already looked expensive on a variety of measures.

To employ some selective timing and test this theory, we have looked at how much an investor would have made, or lost, had they invested a lump sum into one of the names in the list at the start at 2022 and doggedly held on until now.

Investors should also remember that ETF portfolio disclosure tends to be pretty thorough, and you can find a full list of holdings on the fund’s website.*Investors’ Chronicle offers an expert and independent view of the UK investment market.