DAPP Profile
The VanEck Digital Transformation ETF is designed to provide investors with targeted exposure to companies driving or benefiting from significant advancements in digital transformation. The fund aims to invest at least 80% of its total assets in securities of companies identified as leading in the digital transformation sector. This includes firms that are heavily involved in or are major beneficiaries of innovations such as cloud computing, artificial intelligence, big data analytics, and other technological advancements shaping the future of various industries.
The fund tracks a global index specifically curated to reflect the performance of digital transformation companies. This index includes firms from diverse geographic regions that are at the forefront of implementing digital technologies and strategies. By focusing on these companies, the fund seeks to capture growth opportunities arising from the ongoing digital evolution across sectors, including technology, healthcare, finance, and manufacturing.
Notably, the VanEck Digital Transformation ETF does not invest in digital assets such as cryptocurrencies or in derivatives based on these digital assets. Additionally, it excludes investments in initial coin offerings (ICOs). This policy ensures that the fund remains focused on traditional equity securities of companies that are directly involved in or significantly impacted by digital transformation, avoiding the volatility and speculative nature associated with digital currencies.
As a non-diversified fund, the VanEck Digital Transformation ETF may concentrate its investments in a specific segment of the market, providing concentrated exposure to the digital transformation industry. This strategy aims to enhance the potential for capital appreciation by leveraging the growth of innovative companies that are transforming business operations and consumer experiences globally.
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