SNSR

SNSR provides exposure to developed markets companies involved in the Internet of Things (IoT) industry, which is the development of everyday objects having network connectivity, allowing them to send and receive data. Included in this industry are companies that provide wearable technology, home automation, connected automotive technology, sensors, networking infrastructure/software, smart metering, and energy control devices. These pure-play companies are weighted by market cap, with a maximum of 6% and a minimum of .3% for any given holding. In addition, companies that are identified as critical to the IoT ecosystem and have a business unit focused on IoT products and services may also be included if there are less than 100 pure-play companies. The index undergoes annual reconstitution and rebalance.