Kanish Chugh

No, so we've actually seen with this particular ETF and sort of the companies that are involved, the turnover isn't as high as you might think.

A lot of the companies that are in this particular ETF are really focused and are sort of long-term drivers or long-term sort of participants in the industry.

So we don't see very high turnover within this ETF, which is a positive, I think.

What you tend to find is you will find ETFs that if you start to see high turnover, they may then implement

shorter frequency of rebalances.

So it may end up being moving from every six months to every quarter to try and minimize that high turn of that can occur and create sort of capital gain and loss situations within the portfolio.

I was going to say, just with the rebalancing as well, from our perspective, we want to make sure, because if we're starting at an equal footing, it's 30 stocks, it's very rare for a stock to really be an outlier in this particular portfolio.

And that's where the other side of the rebalancing occurs is we're wanting investors, when they're investing in this, to be invested in what the primary goal of the index was, which was to provide a diversified portfolio on battery technology and lithium.

If you ended up not rebalancing at all, you could end up with a portfolio that was very much skewed towards one stock or one particular type or area of this particular theme.

And that's not what the idea is.

So, anyone that can access, you know, via their financial planner or stockbroker or any online brokerage platform can invest and can trade ASX stocks.

You essentially can trade the ACDC ETF.

It's listed on the Australian Stock Exchange.

So, it's available for any Australian investor to do so.

Look, that's a tricky question because for me, and even when I look at personally at my own, how I invest myself, you know, I don't have one.

I really like the idea of...

and they're looking at the future of basically the world.

So in terms of battery technology, the thematic or we've got a robo ETF or a FANG ETF that looks at the biggest growth industrial companies in technology.

I really like the idea of where that sits.

You just talked about we're not, exactly right, we're not suggesting anyone should just buy this ETF and obviously the past performance is no indicator of the future performance.