The composition of the ASX 200 is likely to be fundamentally reshaped in the next five years, according to Tribeca’s Jun Bei Liu, as more “vibrant” companies come to market.
The ASX 200 was currently composed of 30% in financials, 20.6% in materials, 10% in healthcare and 8% in consumer discretionary as the largest sectors.
Speaking to Money Management, Liu said it was a positive move that the index was no longer dominated entirely by resources and the big four banks.