Cyber Security Fund
Etfs that are highly concentrated in a narrow niche industry should represent a small portion such as 5 to 10 of a diversified portfolio before investing in sector funds like these investors should first.
Cyber security fund. As a result there is expected to be an increase in spending on cyber security over the next five to ten years. While cybersecurity etfs can have long term growth potential the short term market risk for funds investing in just one small sector of the market should be noted. Hack is an exchange traded fund etf that seeks investment results that correspond generally to the price and yield before fund fees and expenses of the prime cyber defense index. Fact sheet infographic webinar.
In a bid to tackle cyber related crimes in nigeria the government passed the cybercrime prohibition prevention etc act 2015 the law into law section 44 of the law creates the cyber security fund and directs the payment into it of 0 005 of the value of all electronic transactions by the following businesses. The global x cybersecurity etf bug seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems networks applications computers and mobile devices. Evolve cyber security index fund. It is worth noting though that performance dating back to the earliest.
Canada s first cyber security etf. The etfmg prime cyber security etf hack is a portfolio of companies providing cyber security solutions that include hardware software and services. For fiscal 2019 the departments of defense and homeland security will spend. Its holdings must be classified as a cybersecurity company by the consumer technology association and have a minimum market cap of 250 million.
The bottom line. Etfmg prime cyber security etf has an msci esg fund rating of bbb based on a score of 4 90 out of 10. 0 60 or 60 annually per 10 000 invested. Since the beginning of the year purefunds ise cyber security etf has outperformed first trust nasdaq cybersecurity etf.
Among dedicated cybersecurity funds the etfmg prime cyber security etf nysearca hack is the oldest having debuted four years ago but. This etf invests in global companies involved in the cyber security industry.