ROBO Global Robotics & Automation ETF (ROBO) Celebrates 4 Years on Nasdaq with $1.5 Billion under Management
The First #Robotics Fund Marches Into Fifth Year, $ROBO
DALLAS--(BUSINESS WIRE)--The ROBO Global Robotics & Automation ETF (Nasdaq: ROBO) is heading into its fifth year of trading with the wind at its back, having attracted over $1.5 billion in assets since inception on Oct. 22, 2013. Year-to-date, it's delivered a total return of 37.73 percent.*
Comprised of 85 securities that span 14 countries, the fund invests in the robotics, automation and artificial intelligence (RAAI) sector, as defined by the ROBO Global Robotics & Automation Index. A team of financial and robotics experts, including five Ph.D.s, constructed the Index that the ROBO ETF tracks.
"From the beginning, our goal was to compile a world-class team of researchers and investment experts so investors had a turnkey way to access the exciting robotics revolution," said Travis Briggs, CEO of ROBO Global U.S.
ROBO Global's Index has been licensed across four continents, and Briggs noted that the team remains interested in finding and working with new partners.
"The response to the concept of investing in robotics has been overwhelming and gratifying, and we are committed to dedicating 100 percent of our resources to understanding and unlocking the potential value of this multi-decade investment opportunity," Briggs added.
About ROBO Global
ROBO Global is the creator of the first benchmark index to track the global robotics and automation industry. By offering access to the entire value chain of robotics, automation and artificial intelligence, the ROBO Global Robotics and Automation Index seeks to capture the growth potential of the global robotics revolution and brings these solutions to investors.
The index is comprised of more than 80 rapidly developing companies spanning more than 14 countries that are categorized into 12 subsectors. With the expertise of ROBO Global's leadership team and strategic advisors, which includes five Ph.Ds. ROBO Global searches worldwide to find cutting-edge companies across a multitude of industries from healthcare to industrials to aerospace.
ROBO Global has offices in Dallas and London, and indices listed on multiple exchanges. For more information, please visit http://roboglobal.com/.
Performance data for ROBO as of 09/30/17 is as follows: 1 year: 36.76% (NAV) & 37.19% (Mkt Price); Annualized Since Inception: 11.84% (NAV) & 11.93% (Mkt Price)
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor`s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. One cannot invest directly in an index. Returns are determined based on the midpoint of the bid/ask spread at 4:00pm Eastern time, when the NAV is typically calculated. Market returns does not represent the returns you would receive if you traded shares at other times. Expense ratio: 0.95%
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found on the Funds' full or summary prospectus, which may be obtained at www.roboglobaletfs.com. Read the prospectus carefully before investing.
Exchange Traded Concepts, LLC serves as the investment advisor, and Vident Investment Advisory, LLC serves as a sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.
Investing involves risk, including the possible loss of principal. International investments may also involve risk from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, and from economic or political instability. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments and investments in smaller companies typically exhibit higher volatility. There is no guarantee the fund will achieve its stated objective. Indices are unmanaged and one cannot invest directly in an index.