If you would like to spread your risk across different individual securities, actively managed funds are suitable for this. Most of the time, not only successful start-ups such as smartphone banks are listed here, but also established companies that promote innovative technologies in financial software. In this way, the growth potential of this industry is bundled in one fund.
An example of this is the BIT Global Fintech Leaders S fund (ISIN DE000A2QJLB6/WKN A2QJLB), which was only launched in May 2021 by serial founder Jan Beckers and BIT Capital. The fund focuses on 35 companies with globally scalable products such as brokerage, digital wallets or online lending and currently (as of September 2021) has a fund volume of 60.36 million euros. Investors have ongoing costs of 1.16 percent per year and a regular issuing fee of 5.00 percent.
The BlackRock Global Funds – FinTech Fund (ISIN LU1861218052/WKN A2N4K1) is somewhat more diversified with 51 positions and a fund volume of over 180 million euros. The focus of the selected companies is on new technologies in the financial sector and investments are made in companies with large, medium and small market capitalizations. In addition to software providers, insurance companies or digital payment systems, the portfolio also includes banks, for example. The annual management fee is 1.50 percent per year and the costs for the issuing fee are 5.26 percent.