HANetf to launch new ETFs based on the Solactive Innovative Technologies Index and the Solactive Cloud Technology Index

  • Cloud
  • 09.10.2018 06:16 am

Solactive is pleased to announce the launch of the Solactive Innovative Technologies Index and the Solactive Cloud Technology Index, used as underlying for the HAN-GINS Innovative Technologies ETF and the HAN-GINS Cloud Technology ETF, respectively.

Starting from an investment universe of developed markets and emerging markets equities, the Solactive Innovative Technologies Index excludes companies that do not fulfil minimum size and liquidity criteria and then selects companies operating in industries classified as: Robotics and Automation, Future Cars, Cyber Security, Cloud Computing, Genomics and Social Media. Current index components are for example: Salesforce.com Inc., Amazon Inc., Seattle Genetics Inc., and Fortinet Inc.

The Solactive Cloud Technology Index is free-float market-cap weighted and includes the 50 stocks that are most closely related to the theme of cloud computing. The index universe consists of stocks listed in developed markets and emerging markets and is based on Solactive’s proprietary ARTISTM (Algorithmic Theme Identification System) technology, a software tool that utilizes natural language processing to identify thematic exposures in companies using unconventional data sources. Current index components are for example: Apple Inc., Nvidia Crop., Adobe Systems Inc. and Microsoft Corp.

Timo Pfeiffer, Head of Research at Solactive, commented: “Technology is advancing at a very fast pacecreating many opportunities in the market. Not only do Google, YouTube and Facebook rely on a modern IT infrastructure, a world without cloud storage would be unthinkable even for private consumers. By investing in companies driving innovation, investors can be directly exposed to the performance of market segments expected to grow in the future. For example, the Solactive Cloud Technology Index is tracking this excitingindustry that is tapping in our everyone’s life. Therefore, we are happy to team up with HANetf and develop two innovative and investable index strategies.”

Hector McNeil, co-CEO of HANetf said: “HANetf works with third-party asset managers to bring differentiated and unique ETF exposures to European investors. Solactive have developed an outstanding reputation supporting the needs of ETF issuers, providing tradable indices that enable investors to target modern investment themes and ideas. We are pleased to have been able to leveraging their expertise in index construction to target the exciting emerging investment themes of cloud computing and innovativetechnologies in our latest ETF launches.”

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