Robotics investment fund grows to $450 million since launch one year ago

 

Global X Funds, the New York-based provider of exchange-traded funds, today celebrated the one-year anniversary of the launch of the Global X Robotics and Artificial Intelligence ETF (BOTZ).

The company says Botz has received considerable interest from investors in its first year, having surpassed $450 million in assets under management.

Botz launched on September 12, 2016 and tracks the Indxx Global Robotics & Artificial Intelligence Thematic IndexContinue reading Robotics investment fund grows to $450 million since launch one year ago

Robotics investment fund claims 40 per cent returns in one year

A robotics investment fund claims it has seen returns of almost 40 per cent since it was established a year ago, according to a report on Business Insider

Botz is a Nadaq-listed exchange-traded fund, which has holdings in a variety of companies in the robotics and artificial intelligence sectors.

ETFs are like shares in a collection of different companies – usually in a particular sector such as robotics and AI – and they are sold as though they were shares in one company.  Continue reading Robotics investment fund claims 40 per cent returns in one year

Largest robotics and automation investment fund now has $1 billion in assets under management

ROBO, believed to be the first robotics and automation exchange traded fund, has reached a new milestone in terms of its assets under management.

Index provider ROBO Global, which has holdings in more than 100 listed companies, says investors have embraced its dedicated focus on robotics, automation and artificial intelligence.

The ROBO Global Robotics & Automation Index ETF recently surpassed $1 billion in assets under management, and its managers say it has achieved the psychologically significant benchmark less than four years after launching.  Continue reading Largest robotics and automation investment fund now has $1 billion in assets under management