Alternative ETFs for Tech Investors

Fancy diversifying your equity exposure? A new ETF offers those interested in robotics a chance to allocate a minor holding in their portfolio to this fast growing industry

Kenneth Lamont 19 November, 2014 | 10:56AM

One of the most appealing features of ETFs is that they offer an investor easy access to a diverse array of asset classes and market sectors, including highly specialised, thematically defined exposures.

The ROBO-STOX Global Robotics and Automation GO UCITS ETF (ROBO), recently launched by ETF Securities, certainly falls into the latter category. The fund, the first European ETF offering access to the robotics and automation sector, synthetically tracks 82 robotics companies listed globally. A sister-fund was launched last year in the US and is currently trading with around $100 million of assets under management.

The ROBO-STOX Index is made up of companies that derive all or a material proportion of their revenues from the manufacture of robotic or automation products and related services. It is designed to capture companies throughout the production value chain, which includes not just the manufacture of physical robots but also the software and technology that enable the automation.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Invesco NASDAQ Biotech ETF38.60 USD1.23
L&G ROBO Global Rbtc and Atmtn ETF16.21 USD0.29
Lyxor MSCI World Info Tech TR ETF C USD367.59 USD0.84
Lyxor MSCI WorldIndustrials TR ETF C USD368.87 USD-3.14

About Author

Kenneth Lamont  is a passive funds research analyst for Morningstar Europe.

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