New Purchase BetaShares [HACK]

July 7, 2018 0 By incomem

We have already made a new stock purchase to start off the 2018/2019 financial year in Australia. We picked up some BetaShares Global Cybersecurity ETF [HACK] units. BetaShares offers a range of great, low-cost ETFs like one we already hold, Australian Top 20 Equity Yield Maximiser Fund [YMAX.]

See the factsheet for BetaShares Global Cybersecurity ETF [HACK]

Top Exposures for [HACK] ETF

Name%
VMware Inc6.4 %
Cisco Systems Inc6.1 %
Palo Alto Networks Inc6.0 %
Symantec Corp5.9 %
Splunk Inc5.4 %
Qualys Inc3.3 %
VeriSign Inc3.2 %
Itron Inc3.2 %
CyberArk Software Ltd3.1 %
Juniper Networks Inc3.1 %
Accurate as of close of trading 30/06/2018
The HACK ETF has performed strongly over it’s short life span with an inception date of 30th of August, 2016 with returns after fees of 20.72%
With the need for cybersecurity growing constantly, I feel that this is a really good area to invest in. As we’ve seen recently, big corporations have been hit hard by hackers which have cost them millions of dollars as well as the faith and trust of their customers.