Aims to track the performance of the Nasdaq CTA Cybersecurity Index, before taking into account fees and expenses.

HACK provides access to a portfolio of leading companies from around the world who are working to reduce the impact of cybercrime.

Access global cybersecurity companies in a single ASX trade

The BetaShares Global Cybersecurity ETF (ASX: HACK) is a simple and cost-effective way to access a diversified portfolio of the world’s leading cybersecurity companies. 

SIMPLE ACCESS TO A GROWING GLOBAL SECTOR

Worldwide spending on cybersecurity is predicted to increase to almost US$250 billion by 2023. HACK provides access to the leading companies who are working to reduce the impact of cybercrime globally. Australian investors currently have few local options for gaining exposure to the fastgrowing cybersecurity sector.

There are very few pure-play cybersecurity firms listed on the Australian sharemarket, and the overall technology sector accounts for less than 2% of Australian equity market capitalisation.

DIVERSIFICATION

In a single ASX trade, get exposure to a diversified portfolio of global cybersecurity companies, a sector under-represented in the Australian sharemarket.

COST-EFFECTIVE

With management fees of only 0.67% p.a.¹ (or $67 for every $10,000 invested), HACK is a cost effective solution for investors.

LIQUIDITY

Investors can buy or sell HACK as they would any regular share on the ASX. 

This product is likely to be appropriate for a consumer seeking capital growth by providing exposure to the world’s leading cybersecurity companies, to be used as a satellite/small component of a broader global equities allocation, or a tactical exposure to the global cybersecurity sector

The investment objective of the BetaShares Global Cybersecurity ETF is to provide an investment return that aims to track the performance of the Nasdaq CTA Cybersecurity Index (the “Index”), before taking into account fees and expenses.

The Index is designed to track the performance of companies engaged in the Cybersecurity segment of the technology and industrial sectors. The Index includes companies primarily involved in the building, implementation and management of security protocols applied to private and public networks, computers and mobile devices in order to provide protection of the integrity of data and network operations.

“Cybersecurity” refers to products or services designed to protect networks, computers, programs and data from attack, damage or unauthorised access. 

How we invest your money

The Fund will seek to achieve the investment objective by adopting a “full replication” strategy. 

To be eligible for initial inclusion in the Index, a security must meet the following criteria:

• be classified as a Cybersecurity company as determined by the Consumer Technology Association (CTA);
• be listed on an Index-eligible global stock exchange;
• one security per issuer is permitted;
• have a minimum worldwide market capitalization of $250 million;
• have a minimum three-month average daily dollar trading volume of $1 million;
• have a minimum free float of 20%;
• may not have entered into a definitive agreement or other arrangement which would likely result in the security no longer being Index eligible; and
• may not be issued by an issuer currently in bankruptcy proceedings.

Global stock exchanges are reviewed periodically for eligibility. In general, a global exchange will be deemed ineligible if securities cannot be readily obtained either due to foreign investment restrictions or otherwise.