GBP/MVR (HACK)

Overview

The fund described is dedicated to investing primarily in the realm of cyber security, allocating at least 80% of its net assets (including borrowings for investment purposes) to companies that specialize in the development and provision of cyber security technology and services. This focus aligns the fund with the ISE Cyber Security® Industry classification, indicating a targeted investment approach within the rapidly evolving and critically important cybersecurity sector. The investments are further specified to be in line with the constituents of the Nasdaq ISE Cyber Security Index (referred to as the “Parent Index”), which selects its components based on their active involvement in the cyber security industry. Notably, the fund operates with a non-diversified status, meaning it may invest more significantly in a smaller number of companies, potentially leading to higher risk and volatility due to the concentrated nature of its holdings.

Products and Services

• Cyber Security Technology Investments

  This constitutes the core area of the fund's investments, focusing on companies that develop technologies designed to protect computers, networks, programs, and data from unauthorized access, attacks, or damage. This includes, but is not limited to, software solutions, hardware devices, and various security protocols aimed at enhancing digital security.

• Cyber Security Services

  Another significant portion of the fund's portfolio is allocated to companies that provide services related to cyber security. This encompasses a wide range of solutions including, but not limited to, consulting, risk assessment, incident response, and cybersecurity training services. These services aim to assist businesses in defending against cyber threats, managing their security operations effectively, and staying compliant with industry regulations.