Cloud Computing ETF
Overview
Fund objective
CLDD aims to track the performance of an index (before fees and expenses) that provides exposure to leading companies in the global cloud computing industry.
Benefits
Exposure to the cloud computing megatrend
Cloud computing has been one of the strongest-growing segments of the technology sector, and given much of the world’s digital data and software applications are still maintained outside the cloud, continued strong growth has been forecast.
Convenient, cost-effective access
In one trade, get diversified, cost-effective exposure to leading companies in the cloud computing industry, a sector that is heavily under-represented in the Australian sharemarket.
‘Pure play’ exposure
To be eligible for inclusion in CLDD’s portfolio, a company’s share of revenue from cloud computing services must meet a minimum threshold. CLDD’s index is constructed so that it prioritises companies that generate the majority of their revenues from cloud-based services.
Invest in CLDD with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 3,526,947 |
|---|---|
| Management fee and cost** (p.a.) | 0.67% |
| Distribution frequency | Semi-annual |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital Ltd |
| Registry | Link Market Services |
* As at 2 December 2024
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| NAV | * As at 2 December 2024 |
| NAV/Unit* | $14.98 |
| * Data is delayed by at least 20 minutes. | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| ASX code | CLDD |
|---|---|
| Bloomberg code | CLDD AU |
| IRESS code | CLDD.AXW |
| Market makers | Susquehanna Pacific |
Index information
| Index | Indxx Global Cloud Computing Index |
|---|---|
| Index provider | Indxx, LLC |
| Index ticker | ICLOU |
| Bloomberg index ticker | ICLOU Index |
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | 7.89% | 7.95% |
| 3 months | 4.20% | 4.37% |
| 6 months | 3.02% | 3.38% |
| 1 year | 13.75% | 14.52% |
| 3 year p.a. | -8.04% | -7.60% |
| 5 year p.a. | - | 9.37% |
| 10 year p.a. | - | 20.38% |
| Since inception (p.a.) | -2.54% | -2.08% |
| Inception date | 22-Feb-21 | - |
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| SNOWFLAKE INC | 5.1 |
| SHOPIFY INC | 4.8 |
| TWILIO INC | 4.5 |
| QUALYS INC | 4.4 |
| WIX.COM LTD | 4.4 |
| HUBSPOT INC | 4.3 |
| PROCORE TECHNOLOGIES INC | 4.2 |
| SPS COMMERCE INC | 3.9 |
| WORKIVA INC | 3.9 |
| SALESFORCE INC | 3.8 |
Sector allocation
| Application Software | 45.4% |
|---|---|
| Internet Services & Infrastructure | 28.4% |
| Systems Software | 8.8% |
| Data Center REITs | 5.3% |
| Human Resource & Employment Services | 4.9% |
| Interactive Media & Services | 2.6% |
| Broadline Retail | 2.4% |
| Health Care Technology | 1.1% |
| Advertising | 0.7% |
| Other | 0.4% |
* As of 31 October 2024
Country allocation
| United States | 88.3% |
|---|---|
| Israel | 5.5% |
| Canada | 4.3% |
| China | 1.6% |
| Singapore | 0.3% |
| Other | 0.0% |
* As of 31 October 2024
Distributions
Frequency and yield
| Distribution frequency | Semi-annual |
|---|
*As at 2 December 2024. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | - | - |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | - | - |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | - | - |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | - | 2.97% |
| 1-Jul-22 | 4-Jul-22 | 18-Jul-22 | $0.422492 | 2.89% |
| 4-Jan-22 | 5-Jan-22 | 19-Jan-22 | - | - |
| 1-Jul-21 | 2-Jul-21 | 16-Jul-21 | $0.068372 | - |
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.