Broker eToro has announced a partnership with the Danish investment fund NewDeal Invest to launch a new portfolio, 'NDI-Future Tech'.

'NDI-Future Tech' will include 40 companies with long-term business models selected from over 100 Nasdaq-listed companies using NewDeal's technology. NewDeal technologies will be used to assess factors such as sustainability of growth, business scalability, revenue trajectory, and profitability at maturity.

"Technology plays a key role in the development of society and has been the best performing sector of the stock market over the past 20 years. Technology is also the most popular sector among our users, and we are delighted to launch the NDI Future Tech portfolio in partnership with NewDeal Invest. Our users can now increase the diversification of their technology investments with a single click through access to a carefully selected set of investment opportunities," said Dani Brinker, eToro's Head of Investment Portfolio.

"At NewDeal Invest, we have always been committed to simplifying and expanding investment opportunities for investors by giving them access to companies at the forefront of technology through a diversified portfolio. Today, we are proud to extend our reach to a global audience by building a portfolio tailored to eToro's client base," commented Mads Christiansen, Founder and Fund Manager of NewDeal Invest, on the partnership.

Initial investments in 'NDI-Future Tech' start at $500, and each investor will have access to tools and charts to track portfolio performance, as well as eToro's social feed to follow news.

The broker notes that the portfolio is not available to US users.