NASDAQ | ETF
The index is designed to provide exposure to companies that have business operations in the field of cloud computing based in developed market countries.
The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index.
The fund is non-diversified.
Top 12 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SAP | SAP SE | Technology | Software - Application | 5.25% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 5.23% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 5.21% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 5.01% |
| INTU | Intuit Inc | Technology | Software - Application | 4.71% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 4.66% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.66% |
| NOW | ServiceNow Inc | Technology | Software - Application | 4.45% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Infrastructure | 4.42% |
| SNPS | Synopsys Inc | Technology | Software - Infrastructure | 4.33% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 4.26% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 4.22% |