Opinions

Mike S. Newton, CIM FCSI PureFunds ISE Cyber Security ETF HACK-N COMMENT Sep 10, 2015

Cyber Security? The worst thing that has happened in this space is that they came up with an ETF for it. Whenever you see mutual funds and the ETF industry jump on an idea, you have to wonder if it is a little too late. This has some questionable positions in it. Palo Alto Networks (PANW-N) would be his 1^st choice, and Qualys (QLYS-Q) would be his 2^nd choice. You have to be careful because the idea of cyber Security is now embedded in a lot of the consulting and technology business already.

Mike S. Newton, CIM FCSI

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HOLD

The best security ETF to diversify risk. He prefers a basket to reduce single company risk for this space.

BUY

Buy individual cybersecurity stocks or buy this ETF? He now hold a full position in HACK. He also owns Palo Alto--and can't fathom why it isn't part of HACK, because it's the dominant player in cybersecurity.

COMMENT

Interesting area in today's world. Likes that top 10 holdings are only 34%. But let's be clear, if tech or the market doesn't do well, this doesn't do well. Doesn't matter if earnings are growing, if you're facing headwinds from a macro perspective. Be very careful with this narrow theme. Plus, there's a privacy backlash in tech.

HOLD

Trade wars? He likes tech currently with cloud & cyber security. This space will continue to be important. He is watching for support at $36.75.

HOLD

Best cyber security ETF? He prefers HACK as it gives diversification. It allows him to trade in and out at will, something not always available with individual stocks.

BUY

It is half software and half servicing and is a much larger ETF than many of its competitors'. There is a lot of small cap with risk. This is the one to be in if you want to be in the cyber security space.

BUY ON WEAKNESS

A long term theme for him. Indifferent to the individual ETF. You should understand that cyber security is a critical growth area as the world digitizes. You should keep buying into the dips.

COMMENT

These are good ETFs for the cybersecurity theme. Thinks that they will be more and more important in the future. Should have some cybersecurity in your portfolio for the next decade. Good for longterm, could hold for the next 10 years. Probably the most needed area of technology.

BUY

Gets you all the major cybersecurity companies.

DON'T BUY

ETF for cybersecurity.

He used to use this. When you're learning about a space, you go to the ETF. Be aware of the valuation. He'd recommend that you can pick leaders within that, rather than buying them all through the ETF. Try FTNT, S, PANW or CYBR.

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Mike S. Newton, CIM FCSI PureFunds ISE Cyber Security ETF HACK-N COMMENT Sep 10, 2015

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