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PureFunds ISE Cyber Security ETF surpasses USD1bn in AUM


The PureFunds ISE Cyber Security ETF (HACK), which offers investors exposure to the emerging cyber security industry, has surpassed USD1 billion in assets under management (AUM). 

The exchange-traded fund (ETF) eclipsed this important milestone only seven months after its inception.

“Due to the steady stream of data breaches across the globe, cyber security remains a top-of-mind concern for corporate entities, governments, and individuals,” says Andrew Chanin, CEO of PureFunds®. “At PureFunds, we believe that the increased frequency and sophistication of high-profile cyber security breaches, along with public and private sector requirements to practice safe, digital recordkeeping, means exciting growth potential for the industry.”

HACK launched in November 2014 and tracks the ISE Cyber Security IndexTM (HXR). As of May 31, 2015, the stated per share NAV has appreciated 15.30%, since inception (11-12-14). As of March 31, 2015, the stated NAV has increased 11.75% and market price has increased 11.88% since inception. The expense ratio is 0.75%. Performance data quoted represents past performance and does not guarantee future results. The investment return principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher that the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data to the most recent month end may be obtained by calling 877-756-PURE.

“The PureFunds ISE Cyber Security ETF’s success is a strong example of how our partner firms have collaborated to create a product that can deliver value to an investment portfolio,” says Kris Monaco, Head of ISE ETF Ventures. “We’re very proud of the results so far, and we will continue designing indexes that provide investors with an opportunity to invest in exchange-traded products (ETPs) representing emerging trends and industries.”

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