ETF Securities enters new partnership to launch Cyber Security fund

New ETF launched in Europe

ETF Securities has partnered with US-based ISE ETF Ventures to bring a new ETF to the London Stock Exchange offering exposure to the cyber security sector.

The new product, ETFS ISE Cyber Security GO UCITS ETF, is based on the PureFunds ISE Cyber Security ETF launched in the US, which attracted over $1.1bn in the first ten months of listing. The new European product, which has a TER of 75bps, provides investors with a liquid and cost effective way to access the cyber security sector, which has seen strong interest from investors. The sector is forecast to grow at a compound annual growth rate of 9.8%, to a total size of $170bn by 2020, according to a report from market research firm Markets and Markets. ETFs at 15: What does the futur...