ETC Group Web 30 UCITS ETF - Accumulating

Issuer: HANetf

Asset Class: Equity

TER: 65bps

Trading Currency: USD

Pays Income: False

Listing Date: 17 Mar 2022

Ticker: WEB3

ISIN: IE000KDY10O3

This fund offers targeted exposure to the next iteration of the internet, commonly known as Web 3.0. The investment thesis is centered on the structural shift from a centralized web, dominated by a few large corporations, to a decentralized, user-owned internet built on blockchain technology. It provides a portfolio of companies that are at the forefront of building this new digital infrastructure, operating in areas such as the metaverse, non-fungible tokens (NFTs), decentralized finance (DeFi), and foundational blockchain protocols. This approach is designed for investors who believe in the long-term, transformative potential of these technologies and seek to capitalize on their growth through a diversified and regulated investment vehicle.

The portfolio is composed of global companies integral to the Web 3.0 ecosystem. This includes not only pure-play, crypto-native firms but also established technology companies adapting their models, as well as hardware manufacturers providing the essential computing power. By investing in the publicly-listed 'picks and shovels' of this digital revolution, the strategy aims to capture growth across the entire value chain, from infrastructure layers to application development and user-facing platforms. This diversified approach can help mitigate some of the specific risks and volatility associated with investing in individual digital assets or early-stage projects, offering a broader and potentially more stable entry point into the theme. As an accumulating fund, any dividends are automatically reinvested, which is beneficial for investors seeking long-term capital appreciation and the power of compounding.