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New cloud computing ETF taps into fast-growing universe

Source:-https://www.wealthprofessional.ca Evolve ETFs has filed a preliminary prospectus with the Canadian securities regulators for the country’s first cloud computing ETF. The Evolve Cloud Computing Index Fund (DATA) is designed to provide investors with access to companies operating in an industry that has experienced rapid growth both pre-COVID-19 and during the pandemic. Widespread work-from-home policies have increased the need for secure, reliable technology infrastructure and it’s a trend that is not expected to slow down once a vaccine is made available.

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Cloud Computing Leave a comment

Cloud based ETF highlights developments and opportunities in cloud computing sector

Source:-https://financefeeds.com Anthony Ginsberg, Co-Creator of HAN-GINs Cloud Technology UCITS ETF (SKYY), which is a cloud computing ETF, expects growth in the sector to accelerate and predicts more M&A corporate activity in the cloud space, particularly amongst cloud security firms. On this point, Mr Ginsberg said: “Due to COVID-19, cloud technology is increasingly embedded into mainstream work-life activities – from digital entertainment/streaming services to video conferencing, social media and remote learning. We expect global cloud spending to hit a new all-time

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