Nomura Transformational Technologies ETF (FRWD)

Nomura Transformational Technologies ETF (FRWD) is an actively managed exchange-traded fund from Nomura, launched in January 2026 and listed on Nasdaq. It seeks capital growth.

The fund holds a concentrated portfolio of global technology companies. Its managers combine analysis of long-term secular trends, such as artificial intelligence, cloud computing and digital transformation, with bottom-up fundamental research into individual companies to select holdings.

The fund's exposure is centered on information technology and related industries, and it does not track a benchmark index. Typical holdings include semiconductor, software, internet and hardware companies from the United States and other countries. The portfolio is relatively concentrated, so individual positions can carry meaningful weight. Nomura is a Japan-based global financial services group.