ETF Securities Launches Europe’s First Cyber Security ETF

The ETFS ISE Cyber Security GO UCITS ETF lists in London today for 0.75 percent  

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Editor, etf.com Europe
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Reviewed by: Rachael Revesz
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Edited by: Rachael Revesz

ETF Securities has launched Europe’s first exchange traded fund (ETF) to track cyber security-focused companies, allowing investors to tap in to a growing market.

The ETFS ISE Cyber Security GO UCITS ETF listed in London today and costs 0.75 percent in annual fees, in partnership with ISE ETF Ventures. The ticker is USPY for USD and ISPY for Sterling. The ETF tracks an index of 33 companies and is physically replicated.

The launch follows a similar fund in the U.S., the PureFunds ISE Cyber Security ETF (HACK), which has grown to $1.1 billion since launch 10 months ago.

Howie Li, co-head of the bespoke ETF platform Canvas at ETF Securities, said European investors can now access a global portfolio of listed established and emerging cyber security companies.

“The dynamic world of disruptive technologies continues to advance and ETF Securities will continue to focus on harnessing the growth opportunities highlighted by technological advances and industry trends with new and innovative products,” he said.

Kris Monaco, head of ISE ETF Ventures said there were 42.8 million cyber attacks in 2014 and global cyber crime costs an estimated $400 billion.

ETF Securities has launched various innovative funds over the past year including smart beta fixed income funds, a local currency emerging market bond ETF and last year brought to market the first ever robotics ETF.

 

 

Rachael Revesz joined etf.com in August 2013 as staff writer. Previously an investment reporter at Citywire, she has a background in writing content for retail financial advisors and has covered a wide range of subjects in finance. Revesz studied journalism at PMA Media, which has since merged with the Press Association. She also holds a B.A. in modern languages from Durham University, as well as CF1 and CF2 financial planning certificates from the CII.