The exchange traded fund (ETF), called the ETFS ISE Cyber Security Ucits ETF, will launch in London nearly a year after it made its debut on the New York Stock Exchange.
The fund, which invests in an index of the top 33 companies focused on cyber security, has amassed $1bn (£658m) from investors in the US, a huge amount for a niche product.
Cyber crime costs the global economy $445bn a year, according to research by insurer Allianz Global Corporate & Specialty (AGCS).
In the UK alone, the cost of online attacks has been estimated at £2.8bn or 0.16 per cent of the country’s GDP, says AGCS.
A spate of cyber security breaches at some of the world’s biggest companies has caused grave concerns over privacy. The most recent high profile attack was at Ashley Madison, a site which facilitates extra-marital affairs. Details of 33m users were leaked in the attack.
Although attacks at governments and multi-nationals including Sony, MasterCard and Visa have hit the headlines, smaller crimes are rife and there were 42.8m cyber attacks in 2014 alone.
But companies providing a defence against computer criminals are a fast-growing industry. There are more than 200 companies globally whose business includes fighting cyber crime. The sector has a nearly 10 per cent compound annual growth rate through to 2020, with the industry expected to be worth $170bn by then.
“A little over a year ago the industry reached a tipping point,” says Christian Magoon of Magoon Capital. He added that ETF providers had looked at creating a dedicated investment fund for the sector several years ago, but the industry was not mature enough.