Over the past 6 months the Australian Technology Index has been decimated by 37% from its recent highs.  More recently we have seen those falls exacerbated by fears of AI affecting business models for many companies that rely on technology.

In Australia, we as investors, can get exposure to the Technology Sector through an Exchange Traded Fund (ASX: ATEC) that has a diversified exposure to many well-known technology stocks.  Companies within this ETF include REA Group (realestate.com.au), CAR Group (carsales.com), Computershare, Xero, Seek and Life360.  I have outlined the Top 10 exposures below.
 

As you can see via the names on this list, many of these companies have been established for decades and have provided consistent earnings growth since their inception.  They have deep customer relationships, unique technology or data and many are adopting AI within their existing models to make them even more efficient.

Since inception and even with the recent falls, this ETF has returned 10%+ per annum.

An investment in the Australian technology index is a high growth investment however if you have a long-term view, then an exposure to this sector, through ATEC, may prove rewarding.

An allocation to ATEC may also provide investors diversification benefits for portfolios with heavy weightings to traditional stocks.