ROBO Global Robotics & Automation ETF (ROBO) Celebrates 4 Years on Nasdaq with $1.5 Billion under Management
October 24 2017 - 9:05AM
Business Wire
The First Robotics Fund Marches Into Fifth
Year
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.
*As of Oct. 18, 2017
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version on businesswire.com: http://www.businesswire.com/news/home/20171024005348/en/
Gregory FCA for ROBO GlobalLauren Davis,
610-228-2103robo@gregoryfca.com
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