BetaShares HACK ETF (ASX:HACK)
The BetaShares HACK ETF provides investors with exposure to the performance of the world’s largest companies involved in cybersecurity – a sector with strong growth prospects as businesses begin to place an increasing emphasis on cybersecurity and the protection of data.
What does the HACK invest in?
HACK tracks the performance of Nasdaq CTA Cybersecurity Index which is a global shares index that typically includes exposure to technology companies in the USA, Europe, Israel and Japan. These companies tend to be found in the defence, private, corporate and consumer security markets. There are very few pure-play cybersecurity companies on the ASX, so this ETF could be a solution for Australian investors looking for targeted exposure to the global cybersecurity sector.
What do investors use HACK for?
The BetaShares HACK ETF could be used by investors looking for tactical exposure to the performance of the world’s largest companies operating in the cybersecurity industry, which broadly includes companies involved in building, implementing and managing security protocols for private and public networks.
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