First Trust Cloud Computing

ETF description

The First Trust Cloud Computing ETF focuses on providing exposure to companies involved in the cloud computing sector. By tracking the ISE Cloud Computing index, this ETF targets a diverse portfolio of stocks from companies that are engaged in cloud‑based services and technologies, including infrastructure, platforms, and software solutions. It aims to capture the growth potential of the expanding cloud computing industry, which includes businesses across various sub‑sectors such as cloud infrastructure, SaaS (Software as a Service), and cloud storage. This ETF is designed for investors looking to invest in the technological advancements and opportunities within the cloud computing space.

Issuer details

First Trust Global Portfolios Management Limited is the Management Company of First Trust Global Funds plc and distributes and markets a range of ETFs and funds under the First Trust Global Funds plc umbrella. First Trust Global Portfolios Limited was established in December 2011 and distributes funds in certain European jurisdictions as well as acting as sub‑adviser to certain funds. First Trust Global Portfolios provides you with transparent and innovative solutions including UCITS ETFs, Active ETFs and Thematic ETFs

Index details

The ISE CTA Cloud Computing index is a e free float market‑capitalisation‑weighted index is designed to measure the performance of companies actively engaged in the cloud computing industry.