Q: Hi Peter and Team,
The last question on the ETF DATA was last August. Please share your updated opinion of this ETF, and I hate to admit it, but the proceeds of the sale of some CSU will be used to purchase DATA, unless you have misgivings about DATA in general.
As always, thanks for your insight.
The last question on the ETF DATA was last August. Please share your updated opinion of this ETF, and I hate to admit it, but the proceeds of the sale of some CSU will be used to purchase DATA, unless you have misgivings about DATA in general.
As always, thanks for your insight.
5i Research Answer:
DATA remains tiny at only $14M in assets. Returns are one year -3.89%, 3 year 18.87%, 5 year 5.62%. Fees 0.75%. The cloud sector has been hit a bit, but we have no particular concerns with the ETFs holdings. We do show it with a large cash position right now. But overall, we would not endorse this as simply being too small right now. We would prefer a more diversified (not cloud specific) tech fund.