XIJ (Information Technology Index) composition
Three little-known ASX-listed tech companies should join the all-cap technology index later this month.
Utilities software developer Gentrack GNX, cybersafety platform Qoria QOR and wealth management software provider Bravura Solutions BVS are due to join the S&P/ASX All Technology Index on 24 June. Inclusion will trigger buying from passive funds that track the index as well as active investors who use it as their benchmark.
The aim of the index is to capture a broad range of liquid, actively traded tech-focused stocks on the ASX. It’s also cross sector, meaning tech-focused finance companies such as Afterpay owner Block and health tech developers like ResMed are included.
