ARCA Exchange | United States Country |
The index is a specialized financial instrument that focuses on the burgeoning sector of Big Data, encompassing globally-listed stocks and depositary receipts. Companies included in this index are distinguished by their significant engagement in the Big Data realm—specifically, they must derive at least 50% of their revenue or operational activity from Big Data solutions, including the creation, management, analysis, storage, or transmission of voluminous data sets. The selection and inclusion of companies into the index are governed by a set of rules established by the index provider, ensuring a methodical approach to capturing the essence of the Big Data industry. Investment in this fund is primarily directed towards pure-play Big Data companies, maintaining at least an 80% commitment of its net assets (plus any borrowings for investment purposes) towards this sector, highlighting its focused investment strategy. It is important to note that the fund operates with a non-diversified status, implying a concentrated investment in the Big Data field without the dilution of focus across unrelated industries.
These comprise a range of products and services that facilitate the creation, analysis, management, storage, and transmission of large data sets. By leveraging these solutions, businesses can harness the potential of vast amounts of data to drive decision-making, uncover insights, and create competitive advantages in the marketplace.
The fund prioritizes investment in companies that are highly specialized in the Big Data sector. This means focusing on firms that derive a significant portion of their revenues or operational activities from Big Data services and technologies. The objective is to provide investors with exposure to leading innovators and beneficiaries of the Big Data trend, capitalizing on the growth and development of this dynamic sector.