This Australian traded $200m ETF tracks the US heavyweight FANG Index. If we see a spike lower in the $US a dip towards $15 is a strong possibility, an overall ~20% correction that would provide solid value in our opinion.
NB Its important to note this is a $A traded ETF which is not hedged hence its unlikely to perfectly reflect movements in the US index.
MM likes the FANG ETF ~$15
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