HAN-GINS Innovative Technologies ETF (ITEK) Celebrates First Year Performance
performance up 14.51% in the last 12 months and 20.85% YTD*
provides equally weighted, diversified exposure to ‘Industry 4.0’ mega
trends including 100 companies involved in robotics and automation, cloud
computing and big data, cyber security, genomics and blockchain
sits alongside HANetf’s unique range of thematic ETFs including cloud
technology, EM ecommerce and healthcare technology
LONDON, 22 November 2019: The HAN-GINS Innovative Technologies
(ITEK) ETF is celebrating 12 complete months of performance, with a first-year
gain of 14.51%. The fund, which is designed to capture the growth of the global
technology sector, also returned 20.85% YTD to the end of October.
||12-month performance in USD (31.10.18 - 31.10.19)
||YTD performance in USD at 31 October 2019
| HAN-GINS Innovative Technologies ETF (ITEK)
*Source: Bloomberg. Past performance is not a reliable indicator of future
performance. As with all investing, your capital is at risk
ITEK listed on the London (LSE: ITEK), Frankfurt and
Milan stock exchanges in October 2018.
ITEK delivers broad exposure to a globally diversified
basket of growing technology companies with equally weighted themes and
constituents. This includes such dynamic areas of technological innovation as
robotics, cloud computing & big data, cyber security, future cars,
genomics, social media, blockchain and augmented & virtual reality. It is
an alternative to the conventional approach to investing in the tech sector,
namely FANGS stocks.
The ITEK fund tracks the Solactive Cloud Technologies
Index, a transparent rules-based index that uses an artificial
intelligence-based approach to identify and capture a broad range of companies
focused on innovative and disruptive technology trends.
The fund was created in conjunction with GinsGlobal, a
specialist in the development of index-linked investment products.
Managing Director of GinsGlobal, said: “Technology is going to be playing a much larger part in our lives over the next
decade. This ETF taps into the dynamic growth story of those companies which
are doing so much to make that happen, and which we think will be the direct
beneficiaries of the next tech revolution. The ETF delivers broad exposure
across a variety of cutting- edge technical themes and the 20% year to date
performance of the fund recognises the already impressive growth we are seeing
in this area"
The fund has the ‘megacaps’ of the international
technology revolution among its constituents, for example the Chinese giants
Baidu, Alibaba and Tencent, but these are capped to allow growth potential of
the up-and-coming small to mid-cap companies from a range of other sectors as
co-founder of HANetf, commented: “We founded HANetf with the vision of meeting
the growing investor demand for innovative and unique ETF products. It has been
gratifying to see the performance of ITEK over the past year, and we look
forward to working with GinsGlobal and other companies, helping them to get
further traction in the European market and further afield. These funds are
helping to broaden the range of ETF choices now available to investors and
intermediaries in the European market, and the industry continues to mature.”
The HAN-GINS InnovativeTechnology UCITS ETF (ITEK) is domiciled
in Ireland as a UCITS. It is listed on the London Stock Exchange as well
as Frankfurt and Milan. It has recently been registered in the
Netherlands and Finland for distribution. The fund has a TER of 0.75%. and is
available on over 60 online investment platforms.
Learn more about the Innovative Technology ETF:
Article Date: 22nd November 2019.