Monday, August 5, 2019

WSJ: Money Rains on a Cloud ETF

By SIMON CONSTABLE

A new exchange-traded fund focused on cloud computing is off to a strong start with an investment strategy that differs from an established rival’s.

Global X Cloud Computing (CLOU) ETF, which launched April 12, has already drawn about $475 million of inbound investment flows. With market gains, the fund now has a shade over half a billion dollars in assets. Read more here.

Photo by Pero Kalimero on Unsplash

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