eToro Enhances Investment Offerings, Launches Australian Stocks Portfolio

The social investment and trading network, eToro has announced the launch of the AussieEconomy portfolio, an investment basket offering retail investors long-term exposure to some of the best-performing companies listed on the Australian Stock Exchange (ASX).

"Its unparalleled location, raw resources, and favourable trade relationships have made Australia a very attractive investment destination. Companies 'down under' are leaders in energy, commodities, and agribusiness, all sectors being watched closely by global and local investors as they emerge strongly from the current macroeconomic events,"said Josh Gilbert, Market Analyst at eToro.  

The 35 stocks that make up the portfolio are from a variety of industries including commodities, mining, biotech, pharma, tourism, finance and software, and include industry leaders including Qantas Airways, Sonic Healthcare, Computershare and the Macquarie Group.

The introduction of AussieEconomy completes eToro's offering of regional Smart Portfolios that allow users to explore investment opportunities outside US equities. Other regional Smart Portfolios include AsianDragons, LatamEconomy, and NordicEconomy.

eToro is one of the older trading industry players, which has been operating since 2007. The broker has recently scaled its offering with the addition of 77 Australian CFDs on stocks​, which are some of the biggest and most traded stocks from the ASX 200 index.