Online broker eToro has partnered with Danish investment fund NewDeal Invest, to launch a new portfolio.
Named ‘NDI-Future Tech’, this portfolio will leverage NewDeal’s expertise in identifying next-generation tech and growth innovation driving companies to provide eToro users with exposure to this dynamic market.
Dani Brinker, Head of Investment Portfolio at eToro, commented:
“Technology plays a pivotal role in the development of society and has been the best performing sector in the stock market over the past 20 years. Technology is also the most popular sector among our users, and we are thrilled to launch the ‘NDI-Future Tech’ portfolio in collaboration with NewDeal Invest. With a simple click, our users can now enhance the diversification of their tech investments, providing them with access to a curated selection of investment opportunities.”
NewDeal Invest carries out ongoing research of over 100 Nasdaq tech innovating firms. Each quarter, these stocks undergo in-depth analysis to curate a portfolio comprising around 40 companies with long-term business models.
The methodology blends valuation examination, discerning whether a stock is undervalued, fairly priced, or overvalued, and technological insights that support a clearer understanding of growth durability, business scalability, profit margin trajectories and mature-stage profitability.
Mads Christiansen, founder and fund manager at NewDeal Invest, said:
“At NewDeal Invest, our commitment has always been to simplify and enhance investment opportunities for investors, enabling them to access companies at the forefront of technology via a diversified portfolio. Today, we proudly extend our reach to a global audience by crafting portfolios tailored to eToro’s customer base.”
eToro’s range of Smart Portfolios offer exposure to various market themes. Bundling together several assets under a defined methodology, and employing a passive investment approach, they provide long-term investment solutions that offer diversified exposure. Initial investment starts from USD$500 and any investors can access tools and charts to track the portfolio’s performance, while eToro’s social feed will keep them up-to-date on developments in the sector. Not available to US users.