Anthony Ginsberg, Co-Creator of The HAN-GINS Indxx Healthcare Innovation UCITS ETF (WELL)
- Education technology, electric vehicles, social media and digital entertainment set to be the fastest growing tech megatrends in 2021
- Asia Pacific will see the fastest growth in tech adoption rates
- Tech megatrend ETF, HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK), has recently surpassed $65million in assets under management
- HAN-GINs ETF range surpass $100m AUM which also includes healthcare innovation and Europe’s first cloud technology ETF
A spokesperson for the HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK), says the second wave of COVID-19 will further embed remote technology trends as ‘mainstream’, making it increasingly unlikely they will be replaced once the world returns to some form of normality.
In particular, the ITEK ETF says education technology, electric vehicles, social media and digital entertainment will be the fastest growing tech trends in 2021. On a geographical basis it believes Asia Pacific will see the fastest growth in tech adoption rates.
It also believes surveillance and cybersecurity will become even bigger issues this year, and expects more M&A corporate activity in the IT security sector, providing some potential exciting opportunities for investors.
Anthony Ginsberg, Co-creator of the HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK), says: “E-commerce in particular is building on the lockdown, and gaining long-term competitive advantages over more bricks and mortar stores.
“As technology and remote working becomes increasingly global – we expect all of the sub-themes in ITEK to benefit from the growth – increasingly fuelled by Asia-Pacific’s fast growing adoption rates.
“We are also optimistic about the US – the largest market for us – as the new Biden Administration will support clean-energy and tech far more than past presidencies. We expect future cars to be a key winner, benefiting from likely subsidies, making EV cars more affordable.”
The HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK) is expecting strong growth in the global technology sector this year. The tech megatrend ETF delivered growth of 59.92% in 2020 compared to the Nasdaq 100 index which returned 48.88% , and has recently surpassed $65million in assets under management . Past performance is no guarantee of future performance. When you trade ETFs your capital is at risk.
ITEK’s returns for 2020 were boosted by holdings across all of its eight subthemes. Record online advertising revenues provided a huge boost to Social Media, Digital Entertainment and Cloud holdings. The pandemic has also boosted its Genomics constituents due to re-ratings.
ITEK’s unique double equal weighting strategy also provides important diversification in sectors that are dominated by a handful of global leading companies namely the FAANGS. ITEK equal weights across the 8 mega trends and then equal weights the individual stocks in each trend. Most tech related ETFs track market capitalisation indices which leads to a high concentration in a few large companies, for example the Nasdaq 100 index is 32% exposed to the FAANGS where ITEK is less than 4% . The largest holding in ITEK is Riot Blockchain at 4.10% . This means the ITEK investor gets 8 themes in one ETF, significant diversification and impressive performance.
The original article can be found at ETF World
To invest in these themes, find out more about the GinsGlobal HANetf ETF products here.