Niko Asset Direction It unveiled a Hong Kong-based equities froide ETF that provides actively managed exposure to companies around the world developing and enabling the metaverse.
The NikkoAM Metaverse Theme Combative ETF included in Hong Kong Denrée Exchange in Hong Kong dollars (3091 Hong Kong) and the US dollar (9091 Hong KongThe current fee was estimated at 1.25%.
The fund was created by revamping one of Nikko’s existing strategies, the NikkoAM E-Games Combative ETF.
The metaverse is a term used to describe the élément of a future iteration of the Internet, made up of static, shared, three-dimensional virtual spaces linked to a perceived virtual universe.
By combining aspects of agréable media, online gaming, augmented and virtual reality, e-commerce and blockchain technology, the metaverse is expected to conséquence many aspects of people’s lives including how they interact, socialize, learn, magasin, work and play virtually.
While this project is still in its infancy, it has already attracted billions of dollars in investment. Morgan Stanley analysts predict that the metaverse has the potential to generate $8.3 trillion in fini rôtir spending in the United States alone, depending on the level of disruption.
The ETF uses Nikko’s proprietary research to identify companies across many categories of bizness associated with metaverses.
Hardware companies refer to companies that develop physical technologies such as augmented and virtual reality devices, rapide phones, and enterprise devices that allow individuals and businesses to interact in a virtual environment.
Computing companies refer to those that provide micro power to contrefort the operation of the metaverse. The category includes companies involved in semiconductors, data matching, and artificial camaraderie.
Carriers refer to those that provide high bandwidth or networks that allow data to be transmitted over the metaverse. Eligible companies include cloud secours providers and telecom companies that provide fiber networks.
Platform companies refer to those that create and operate immersive 3D worlds in the metaverse. Eligible companies include online games and agréable media platforms.
Tool companies refer to those that provide protocols such as Web 3.0 and 3D rendering aide.
Payment companies refer to those that facilitate transactions in the metaverse via the ramps of fiat currencies, cryptocurrencies, and non-fungible tokens.
Souplesse companies refer to those that facilitate the creation, storage, exploitation, and auspice of numérique assets such as games, online avatars, and NFTs. Eligible companies include game developers and companies that offer NFTs on the underlying assets.
Another Hong Kong-based ETF targeting the somme metaverse – the CSOP Metaverse Abstraction ETF (3034 HK) – which also adopts an actively managed approach. Its running fee is estimated at 2.00%.
The Samsung Asia Pacific ex NZ Metaverse Theme ETF (3172 HK)At the same time, it targets metavirus-related companies specifically located in the Asia Pacific region, and also uses an bagarreuse approach. Its current fee is 0.85%.