Tematica Research, index providers for HANetf's Digital Infrastructure and Connectivity ETF (LON:DIGI) Chief Investment Officer of Chris Versace tells Proactive the group is trading up 7.6%, top holdings being PayPal Holdings, Square, Shopify, and Intel.
The fund tracks an index of companies that are positioned to benefit most from the explosive growth of the digital infrastructure virtuous circle of expanding users, data, applications, and bandwidth. Versace says thematically, he believes remote working is here to stay, with more companies noticing productivity improvement: the connectivity of devices and broadband network fueling this charge.