HACK Profile
The ETFMG Prime Cyber Security ETF is strategically designed to provide investors with exposure to the global cybersecurity sector. The fund aims to track the performance of an index that includes equity securities of companies engaged in the cybersecurity industry. This encompasses firms that either specialize in delivering cyber defense applications or services or are involved in providing essential hardware or software for cybersecurity activities. These companies are selected based on their significant role in the cybersecurity space, ensuring that the fund targets key players in the sector.
To achieve its investment objective, the ETFMG Prime Cyber Security ETF invests at least 80% of its total assets in the component securities of the index. This includes direct investments in the equities of companies listed on various exchanges worldwide, as well as in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent these underlying securities. By focusing on these securities, the fund aims to deliver performance that closely mirrors the cybersecurity sector’s dynamics.
The index underlying the ETF is specifically designed to reflect the performance of companies that are pivotal to the cybersecurity landscape. This includes organizations that develop and implement technologies for protecting against cyber threats, as well as those that manufacture the infrastructure necessary for effective cybersecurity. By investing in this index, the ETF provides investors with targeted exposure to a sector that is increasingly critical in today’s digital economy.
The ETFMG Prime Cyber Security ETF is particularly suited for investors looking to capitalize on the growth of the cybersecurity sector. As cyber threats continue to evolve and the demand for robust security solutions escalates, the fund offers a way to gain exposure to companies that are at the forefront of safeguarding digital information and systems. Through its investment in a diverse range of cybersecurity-related securities, the fund aims to provide a comprehensive and strategic approach to investing in this essential industry.
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