BPAY Profile
BlackRock
Future FinTech ETF (BPAY) seeks to invest in companies that are
focused on technological innovation in the financial industry. The
fund invests in US and international companies that operate in various
sectors, including banking, insurance, asset management, financial
services, and payment networks.
BPAY aims to provide investors
with exposure to companies that are benefiting from the increasing use
of technology and automation in the financial sector, including
companies that are involved in mobile payments, blockchain technology,
cybersecurity, and artificial intelligence.
As of September
2021, the top holdings of BPAY include Square, PayPal Holdings,
Mastercard,
Visa, and
Intuit. The fund
has a relatively low expense ratio of 0.15% and is rebalanced
quarterly.
Overall, BPAY can be a good investment option for
those who are looking for exposure to the growing fintech industry,
which is expected to continue to expand as technology continues to
play a larger role in the financial sector. However, as with any
investment, it is important to carefully consider one's own investment
goals and risk tolerance before making a decision to invest in BPAY or
any
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