Money is pouring into new technology funds as the global tech sector soars, sparking fears that investors are buying into the trend too late. Nine technology-related exchange traded funds are quoted on the ASX and more are coming.

Several tech ETFs have had jaw-dropping gains this year. The new BetaShares S&P/ASX Australian Technology ETF is up 47 per cent over three months to June 30. Almost a fifth of the fund is exposed to buy-now, pay-later star, Afterpay.