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ISE ETF Ventures launches ISE Cyber Security Index

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ISE ETF Ventures has launched the ISE Cyber Security Index (HXR), an index allowing investors to take advantage of event-driven news and long term economic trends in the cyber security and information technology space.

The index, which is the first and only one focused specifically on publically-listed companies that develop or provide cyber security technology and related services, is licensed to PureFunds and will be the basis for an exchange-traded fund (ETF).
 
Kris Monaco, head of ISE ETF Ventures, says: “The ISE Cyber Security Index is a demonstration of ISE ETF Ventures’ continued commitment to growth and expansion in the indexing and ETF space. As cybercrime continues to grow, companies in all sectors, from financial services to consumer goods, are prioritising cyber security as a fundamental corporate discipline. The ISE Cyber Security Index provides investors with the first and only index to track the firms that provide cyber security technologies to meet this growing demand. Moreover, we are thrilled to license the index to PureFunds as the basis for an ETF, which marks the second product added to this partnership.”
 
The ISE Cyber Security Index provides a benchmark for investors interested in tracking companies actively involved in providing technology and services that are designed to protect data, networks, hardware, software, and other cyber-dependent devices from unauthorised access and attacks. The index includes 29 constituent companies, including VASCO Data Security International, Palo Alto Networks, Symantc Corp., Juniper Networks, FireEye and Splunk.

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