SKYY performance up 19% in the last 12 months*
SKYY is the best performing European Cloud focused ETF YTD*
SKYY sits alongside HANetf’s thematic range including EM ecommerce, global innovation & healthcare technology
LONDON, 13 November 2019: HANetf is celebrating 12 complete months of performance from one of its inaugural ETFs, the HAN-GINS Cloud Technology UCITS (LSE: SKYY), which was listed on the London, Frankfurt and Milan stock exchanges in October 2018.
The fund tracks the Solactive Cloud Technology Index and provides investors with exposure to companies that are active in the area of cloud computing. This includes software and hardware service providers such as Alphabet, International Business Machines, Microsoft, Qualcomm, Salesforce and Verizon.
The SKYY fund has gained 19.16% in the last 12 months (31/10/2018 - 31/10/2019) and 29.16% YTD compared to another cloud-based ETF from First Trust which is up 19.99% YTD.
|Fund||12 month performance in USD (31/10/2018 - 31/10/2019)||YTD performance in USD, at 31 October 2019|
HAN-GINS Cloud Technology UCITS ETF (SKYY)
First Trust Cloud Computing ETF
*Source: Bloomberg. This comparison is for illustrative purposes only. Past performance is not a reliable indicator of future performance. As with all investing, your capital is at risk.
** There is insufficient data to provide a useful indication of past performance to investors.
Anthony Ginsberg, creator of the HAN-GINS Cloud Technology UCITS, said: “The significant gain in this fund is being powered by the growing importance of the cloud space for all technology companies. Over 60% of all US technology spending now occurs in the Cloud area. It is the key battleground being fought over by most IT firms.”
 Gartner Research
He commented further: “Due to the explosion in interconnected devices that rely on the cloud, billion-dollar businesses have emerged and been able to flourish. These success stories would not exist without the critical cloud infrastructure needed to support them.”
Hector McNeil, Co-Founder of HANetf, commented: “The Cloud represents a major investment theme that has been encapsulated in the HAN-GINS Cloud Technology ETF. The fund has been designed to track what is becoming one of the major industrial growth stories of the early 21st century. It sits alongside a superb range of HANetf thematic ETFs. HANetf is very focused on being the ‘value added’ ETF provider focusing on next generation products”
The Solactive Cloud Technology Index is a transparent, rules-based index that uses an artificial intelligence-based approach to identify and capture companies involved in the field of Cloud technologies.
The HAN-GINS Cloud Technology UCITS ETF is domiciled in Ireland as a UCITS. It is listed on the London Stock Exchange as SKYY (USD) and SKYP (GBP) as well as Frankfurt (5XYE) and Milan (SKYY). 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.
HAN's range of thematic ETFs
|SKYY / SKYP|
USD / GBP
|EMQQ / EMQP||USD / GBP|
|ITEK / ITEP||USD / GBP|
|WELL / WELP||USD / GBP|
|KUW8 / KUWP||USD / GBP|
HANetf is an independent ETF specialist working with third-party asset managers to bring differentiated, modern and innovative ETF exposures to European investors. Founded by two of Europe’s leading ETF entrepreneurs, Hector McNeil and Nik Bienkowski, HANetf provides a complete operational, regulatory, distribution and marketing solution for asset managers who want to successfully launch and manage UCITS ETFs - www.hanetf.com
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.
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Press release distributed by PressHalo on behalf of HANetf, on 13th November, 2019.