The COVID-19 pandemic has accelerated several global megatrends - arguably none more so than the development and growing use of cloud computing technologies.
The recently-listed BetaShares Cloud Computing ETF (ASX Ticker Code: CLDD) offers investors a broad-based, global exposure to this megatrend, with holdings across computing services, services, data storage, networking, software and analytics. Top holdings of CLDD include DropBox, Xero, Netflix and Zoom, while the fund also invests in US technology giants Amazon, Microsoft and Alphabet (Google). Further information on CLDD can be accessed here.
We at Bennett & Co appropriately consider investments in global megatrends such as cloud computing technology - if you would like to discuss further, please call Richard Bennett (07 3876 8131 or 0412 055 702) or Tony Garnham (07 3184 2520).