We are pleased to announce that Betashares Global Cybersecurity ETF (ASX: HACK) has just reached $1 billion in funds under management.
Globally, data is being generated at a staggering pace, and the need to protect it from cybercrime has never been greater. As a result, cybersecurity has emerged as one of the leading segments in the broader technology sector.
Cybersecurity is a segment of the technology industry which focuses on products and services to protect computers, networks, programs, and data from unauthorised and unintended access.
Investing in cybersecurity is no longer optional for businesses, governments and other organisations – in today’s online world, it’s essential.
HACK provides access to a diversified portfolio of the world’s leading cybersecurity companies.
There are risks associated with an investment in HACK, including market risk, cybersecurity companies risk, concentration risk and currency risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.