ETFWorld.co.uk : One of the most significant trends in recent years has been digitalisation, in particular that which enables companies to come into direct contact with their customers and suppliers.
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The Stoxx Global Digitalisation index, after having fallen towards the end of last October towards the graphic support placed at 2,480 points, in fact made an important bullish movement that pushed the quotations close to 3,300 points.
The short-term trend is therefore positive: after a brief reaccumulative phase above 3,065 points, a further extension is therefore possible, which could push prices first to the 3,350-3,360 area and then towards 3,100 points.
It is difficult for now to hypothesise a bearish trend reversal: from a graphical point of view, in fact, only a return below 3,000 points could provide a negative signal and trigger a downturn of a certain consistency.
The following ETFs can be used to invest in this sector:
iShares Digitalisation, ISIN IE00BYZK4883. It is an ETF with EUR 859 mln in assets under management and replicates the iSTOXX® FactSet Digitalisation index (which contains companies around the world that offer digital services). The ETF, which provides for a sampling replication of the underlying (i.e. buying only the most important components of the reference index), adopts an accumulation policy (with dividends being reinvested within the fund). The total expense ratio (TER) is 0.40% per annum.
Amundi MSCI Digital Economy, ISIN LU2023678878. It is an ETF with €191m of assets under management, which provides for the total physical replication of the underlying (represented by the MSCI ACWI IMI Digital Economy & Metaverse ESG Filtered index) and which adopts an accumulation policy (with dividends being reinvested within the fund). The total expense ratio (TER) is 0.45% per annum.
HANetf Digital Infrastructure and Connectivity, ISIN IE00BL643144. This ETF has €19m in assets under management and provides for full physical replication of the underlying (represented by the BITA Digital Infrastructure Thematic Index, an index that replicates the performance of leading global companies in digital infrastructure development). The ETF adopts an accumulation policy (with dividends being reinvested within the fund). The total expense ratio (TER) is 0.69% per annum.
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The contents of these notes and the opinions expressed should in no way be regarded as an invitation to invest. The analyses do not constitute a solicitation to buy or sell any financial instrument.The purpose of these notes is financial analysis and investment research. Where recommendations are made, they are of a general nature, are addressed to an indistinct audience and lack the element of personalisation. Although the result of extensive analysis, the information contained in these notes may contain errors. Under no circumstances can the authors be held liable for any choices made by readers on the basis of such erroneous information.erroneous information. Anyone deciding to carry out any financial transaction on the basis of the information contained in the site does so assuming full responsibility.
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