HAN-GINS Future cars, gene sequencing, cloud computing and blockchain are among the most exciting opportunities for investors focusing on the technology sector.
Anthony Ginsberg, Co-creator of The HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK)
This is the view of Anthony Ginsberg, co-creator of a leading global tech ETF, HAN-GINS Tech Megatrend Equal Weight UCITS ETF (ITEK),.
Anthony Ginsberg, Co-Creator of the HAN-GINS Tech Megatrend ETF (ITEK) says: “Future Cars will benefit significantly from the new Biden stimulus package – with estimated subsidies of $7,500 per car. Several traditional carmakers have made huge commitments to EV vehicles . (1)
“Gene Sequencing will also receive significant Federal support now as it has become increasingly mainstream in the fight against COVID and other diseases including cancer.”
“In terms of blockchain, it is benefiting hugely from the increased demand for digital wallets as cryptocurrency valuations rise. The successful listing of Coinbase approximating a $100bn value, will help mainstream the use of cryptos and become a respected blockchain component.”
Riot Blockchain is up around 89.41% in 2021, and it is ITEK’s top performing holding, followed by Digital Entertainment players Evolution Gaming (up 45.1%) and Bilibili (24.9%). In the past 12 months, ITEK has delivered a return of 57.37% and 104.07% since inception.
When it comes to growth in the Cloud computing sector, Anthony Ginsberg, Co-creator of the HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYY) says the global technology sector remains set to benefit from strong growth, and a key driver of this is the continued shift to Cloud computing.
He says cloud spending will continue to accelerate even as the pandemic comes under control. Remote work habits will continue, and it argues that Cloud computing has been the centrepiece of the world’s technical response to the COVID-19 crisis. Public Cloud spending will grow from US$229bn in 2019 to US$500bn in 2023, with a compound annual growth rate (CAGR) of 22.3%.
The overall percentage of worldwide IT spend dedicated to the Cloud will continue to accelerate in 2021. Gartner predicts that worldwide public Cloud spending by end-users will grow 18% in 2021 to $304.9 bn, up from $257.5bn in 2020. Cloud native technology is driving enterprise digital transformation strategies.
Anthony Ginsberg, Co-creator of the HAN-GINS Cloud Technology Equal Weight UCITS ETF (SKYY) said: “This year, one of the biggest technology trends will be the continued move to more hybrid/multi-Cloud platforms and infrastructure. This allows multinationals to speedily adopt cloud services across their various global units, allowing the easy flow of data across multiple Clouds. Indeed, IBM’s recent price gain is tied to its goal of becoming the largest hybrid cloud player, on the backs of its $35bn Red Hat acquisition.
“Cloud is also benefiting from cybersecurity concerns. Large Cloud platforms including AWS, Microsoft’s AZURE and Google continue to make inroads in this space.”