Press release

HAN-GINS Cloud Technology ETF (SKYY) Celebrates First Complete Year of Performance

Organization
HANetf
Sectors
Financial services
Keywords
etf funds fund management cloud stocks
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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.  

Fund12 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)

19.16%29.16%

First Trust Cloud Computing ETF

N/A**19.99%

*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[1]. It is the key battleground being fought over by most IT firms.”

[1] 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

NameTickerCCY

HAN-GINS Cloud Technology UCITS ETF

SKYY / SKYP

USD / GBP

EMQQ Emerging Markets Internet & Ecommerce UCITS ETF

EMQQ / EMQPUSD / GBP

HAN-GINS Innovative Technology UCITS ETF

ITEK / ITEPUSD / GBP

HAN-GINS Indxx Healthcare Innovation UCITS ETF

WELL / WELPUSD / GBP

KMEFIC FTSE Kuwait Equity UCITS ETF

KUW8 / KUWPUSD / GBP

About HANetf

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

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 13th November, 2019.