iFreeNEX FANG+ Index Fund

[styxomaniac]

After doing some reading and listening, I've decided to add a tech-heavy fund as my third and final investment to complete my NISA portfolio, which currently consists of ACWI and S&P500. I wanted something that benchmarks the VGT but couldn't find anything like that on SBI. While scrolling through the fund list, I came across iFreeNEXT FANG+ index, and it got me excited. It might be too risky for some as it only tracks 10 companies, but this will be a riskier fund to satisfy my FOMO.

What do you guys think about this fund? I still have 20+ years before retirement, so my concern is whether this fund is suitable for a set-and-forget, long-term investment strategy. I reckon companies get added and removed from funds during rebalances, so if a company no longer performs well, a more suitable one is added right?

iFreeNEX FANG+: https://site0.sbisec.co.jp/marble/fund/ ... rch_result

Here is a 9-year comparison, provided solely for reference, as past performance does not guarantee future growth.

[captainspoke]

0.775% ER, so maybe a QQQ clone available here? Which also has a broader range of holdings.