On Thursday, BlackRock announced the launch of the iShares cloud and 5G multisector ETF (NYSE: IDAT).
IDAT aims to track the investment results of the Morningstar® Global Digital Infrastructure & Connectivity Index. Morningstar’s Forward Looking Index uses fundamental Morningstar research to rank the 50 global companies in developed and emerging markets that have the potential to generate net income from Infrastructure-as-a-Service (IaaS) tools and / or 5G connectivity the next generation to increase.
The megatrends opportunity in the course of the global economy
“With the recent acceleration of technological innovation to meet the needs of the home, the explosion in e-commerce, and revolutionary advances in healthcare, the future is now,” said Chad Slawner, Head of US iShares Product. “The expansion of the iShares megatrend series signals to investors …