The PureFunds ISE Cyber Security ETF (NYSEArca: HACK), one of the most successful exchange traded funds to debut in 2014, is now available to Mexican investors on the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).
The international cross-listing is the first for HACK, an ETF that has surged 15.1% this year and 20.5% since coming to market in November. HACK debuted on Nov. 12, 2014, becoming the first dedicated cyber security on the market.
Earlier this month, it was reported that HACK had $553.3 million in assets under management, but that number has since grown to nearly $653 million, meaning the ETF has need just nine trading days to tack almost $100 million in new assets. [More Milestones for Cyber Security ETF]
HACK benchmarks to the ISE Cyber Security Index, “which tracks the performance of companies actively engaged in providing services for cyber security and for which cyber security business activities are a key driver of their business model. These cyber security services are designed to protect computer hardware, software, networks and data from unauthorized access, vulnerabilities, attacks and other security breaches,” according to PureFunds.
Latin America has become a popular listing destination for U.S. ETF issuers looking to broaden their international footprints.
In February, Market Vectors said the Market Vectors ChinaAMC A-Share ETF (NYSEArca: PEK) and the Market Vectors Russia Small-Cap ETF (NYSEArca: RSXJ) are available to Mexican investors, bringing that issuer’s available offerings in Mexico to 35.