Factor Advisors, in partnership with PureFunds and ISE ETF Ventures, has listed the PureFunds ISE Cyber Security ETF ( HACK) on The Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).
Sam Masucci, founder and CEO of ETF Managers Group, says: "We are pleased to cross-list HACK on the Bolsa Mexicana de Valores as we cross-list our first exchange traded fund (ETF). This is our first foreign exchange to cross-list with, as it has continued to exhibit acceptance and growth of ETF products. In recognition of this acceptance, we believe Mexico presents a significant opportunity for our ETF products to exhibit continued growth.”
PureFunds ISE Cyber Security ETF (HACK) seeks to replicate the price and yield performance of the ISE Cyber Security Index, which tracks the performance of companies actively engaged in providing services for cyber security and for which cyber security business activities are a key driver of their business model. These cyber security services are designed to protect computer hardware, software, networks and data from unauthorised access, vulnerabilities, attacks and other security breaches. HACK has an annual expense ratio of 0.75 per cent.
Kris Monaco, Head of ISE ETF Ventures, says: “PureFunds and ETFMG have been fantastic partners and we are excited to expand our ETF product exposure into Mexico. Cyber security has become an integral part of the corporate community and this is the only product tailored to give investors exposure to this thriving industry. We are very pleased to provide this investment exposure into Mexico.”