Press release

HAN-GINS Innovative Technologies ETF (ITEK) celebrates first year performance

Financial services
etf technology fintech london stock exchange
Receive updates from HANetf

If you'd like us to keep you posted with news from HANetf, enter your email address and you'll get an update as soon as it happens.

ITEK performance up 14.51% in the last 12 months and 20.85% YTD*

ITEK provides equally weighted, diversified exposure to ‘Industry 4.0’ mega trends including 100 companies involved in robotics and automation, cloud computing and big data, cyber security, genomics and blockchain

ITEK sits alongside HANetf’s unique range of thematic ETFs including cloud technology, EM ecommerce and healthcare technology

LONDON, 22 November 2019: The HAN-GINS Innovative Technologies (ITEK) ETF is celebrating 12 complete months of performance, with a first-year gain of 14.51%. The fund, which is designed to capture the growth of the global technology sector, also returned 20.85% YTD to the end of October.

Fund12 month performance in USD (31 /10/2018 - 31/10/2019)YTD Performance in USD at 31 October 2019
HAN-GINS Innovative Technologies ETF (ITEK)14.51%20.85%

*Source: Bloomberg. Past performance is not a reliable indicator of future performance.  As with all investing, your capital is at risk

ITEK listed on the London (LSE: ITEK), Frankfurt and Milan stock exchanges in October 2018.

ITEK delivers broad exposure to a globally diversified basket of growing technology companies with equally weighted themes and constituents. This includes such dynamic areas of technological innovation as robotics, cloud computing & big data, cyber security, future cars, genomics, social media, blockchain and augmented & virtual reality. It is an alternative to the conventional approach to investing in the tech sector, namely FANGS stocks.

The ITEK fund tracks the Solactive Cloud Technologies Index, a transparent rules-based index that uses an artificial intelligence-based approach to identify and capture a broad range of companies focused on innovative and disruptive technology trends.

The fund was created in conjunction with GinsGlobal, a specialist in the development of index-linked investment products.

Anthony Ginsberg, Managing Director of GinsGlobal, said: “Technology is going to be playing a much larger part in our lives over the next decade. This ETF taps into the dynamic growth story of those companies which are doing so much to make that happen, and which we think will be the direct beneficiaries of the next tech revolution. The ETF delivers broad exposure across a variety of cutting- edge technical themes and the 20% year to date performance of the fund recognises the already impressive growth we are seeing in this area.

The fund has the ‘megacaps’ of the international technology revolution among its constituents, for example the Chinese giants Baidu, Alibaba and Tencent, but these are capped to allow growth potential of the up-and-coming small to mid-cap companies from a range of other sectors as well.

Hector McNeil, co-founder of HANetf, commented: “We founded HANetf with the vision of meeting the growing investor demand for innovative and unique ETF products. It has been gratifying to see the performance of ITEK over the past year, and we look forward to working with GinsGlobal and other companies, helping them to get further traction in the European market and further afield. These funds are helping to broaden the range of ETF choices now available to investors and intermediaries in the European market, and the industry continues to mature.”

The HAN-GINS Innovative Technology UCITS ETF (ITEK) is domiciled in Ireland as a UCITS.  It is listed on the London Stock Exchange as well as Frankfurt and Milan.  It has recently been registered in the Netherlands and Finland for distribution. The fund has a TER of 0.75%. and is available on over 60 online investment platforms.

Learn more about The Innovative Technology ETF:

Fund page and video

Whitepaper: The 4th Industrial Revolution



HANetf's range of thematic ETFs

EMQQ Emerging Markets Internet & Ecommerce UCITS ETFEMQQ
HAN-GINS Innovative Technology UCITS ETFITEK
HAN-GINS Indxx Healthcare Innovation UCITS ETFWELL

Media Contacts: 

Stuart Fieldhouse, Hawksmoor Partners +44 (0) 207 377 1489


Important Information

The content in this document is issued by HANetf Limited (“HANetf”), an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority (“FCA”). For professional clients only. Past performance is not a reliable indicator of future performance. Any historical performance included on this document may be based on back testing. Back testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such strategy would have been. Back tested performance is purely hypothetical and is provided on this document solely for informational purposes. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. The value of any investment may be affected by exchange rate movements.

Any decision to invest should be based on the information contained in the appropriate prospectus and after seeking independent investment, tax and legal advice. These products may not be available in your market or suitable for you. The content of this document does not constitute investment advice nor an offer for sale nor a solicitation of an offer to buy any product or make any investment. An investment in an ETF is dependent on the performance of the underlying index, less costs, but it is not expected to match that performance precisely. ETFs involve numerous risks including among others, general market risks relating to the relevant underlying index, exchange rate risks, interest rate risks, inflationary risks, liquidity risks and legal and regulatory risks.

The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of shares in the United States or any province or territory thereof, where none of the Issuers or their products are authorised or registered for distribution and where no prospectus of any of the Issuers has been filed with any securities commission or regulatory authority. No document or information on this document should be taken, transmitted or distributed (directly or indirectly) into the United States. None of the Issuers, nor any securities issued by them, have been or will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes.

The products discussed on this document are issued by HANetf ICAV.

This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes and/or sectors. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. HANetf ICAV is an open-ended Irish collective asset management vehicle which is constituted as an umbrella fund with segregated liability between sub-funds and with variable capital organised under the laws of Ireland and authorised by the Central Bank of Ireland (“CBI”). Investors should read the prospectus of HANetf ICAV (“HANetf Prospectus”) before investing and should refer to the section of the HANetf Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in the Shares.

Press release distributed by PressHalo on behalf of HANetf, on 22nd November, 2019.