Asia Technology Tigers ETF (ASX: ASIA)

BetaShares has launched an ETF which invests in innovative and and disruptive companies in Asia, called the Asia Technology Tigers ETF (ASX: ASIA).

ASIA tracks the Solactive Asia Ex-Japan Technology & Internet Tigers Index, an index of the largest 50 companies by market capitalisation in the technology and online retail industries, with their main area of business in the Asian (ex-Japan) region.

"Due to its younger, tech-savvy population, Asia is quickly surpassing the West in terms of online activity and technological advancements, and the Asian technology sector is anticipated to remain a rapidly growing sector. Indeed, investors may well be surprised that four of the largest 10 listed technology companies globally are actually based in Asia," BetaShares chief executive officer, Alex Vynokur, said.

ASIA's current portfolio includes the likes of Alibaba, Tencent, Samsung and Taiwan Semiconductor Manufacturing Company Limited.