Defiance ETFs Launches AUGR, Providing Targeted Exposure to Augmented & Virtual Reality (AR/VR) Innovators, Leaders & Adopters
August 01 2018 - 9:00AM
Business Wire
AR/VR technology is changing how we live, work
and play
AUGR “goes global” and includes companies
across the cap range in an equally weighted portfolio
Defiance ETFs today announced the launch of its Defiance Future
Tech ETF (NYSE:AUGR), which is designed for investors seeking to
capitalize on the growing opportunities in augmented reality and
virtual reality (AR/VR) technology, a disruptive tech category that
is already having a meaningful impact on a wide range of
industries.
“The AR/VR space has extended far beyond its roots in gaming to
applications in healthcare, retail, manufacturing, entertainment
and more,” said Matthew Bielski, founder and CEO of Defiance ETFs.
“But as the category matured and expanded, investors lacked options
for adding targeted exposure to AR/VR leaders to their portfolios.
With AUGR that problem has been solved, and access to the category
is now available in a highly liquid ETF wrapper.”
Augmented reality—digital images superimposed over the real
world—is primed to drive industry growth. In fact, companies are
already putting the technology to use in a variety of ways from
AR-enabled real estate tours to training workers in
manufacturing.
“In the healthcare sector alone, there have already been cases
where surgeons used augmented reality technology to assist in heart
transplant operations, and new AR approaches are helping doctors
manage sensory overload issues for patients, such as children with
autism, during medical procedures,” added Bielski. “These are just
a few of the real world applications of this technology.”
AUGR offers a liquid and transparent way to invest in companies
developing and commercializing the AR/VR technology from
application developers to manufacturers and distributors of the
necessary hardware.
The underlying index, the BlueStar Augmented and Virtual Reality
Index (BAUGR), is global in nature and includes approximately 60
stocks across all market capitalizations. Current country
allocations include the United States, France, Japan and Korea. The
index is equal weighted, offering investors more targeted exposure,
including to smaller companies with higher growth potential.
AUGR is the first ETF from Defiance ETFs, which specializes in
portfolios that highlight disruptive technologies. Bielski, who was
previously Senior Vice President at Direxion ETFs, has deep
experience in ETFs and asset allocation.
“We founded Defiance ETFs with the vision that more investors
should be able to tap into the growth stories of the truly
disruptive technologies that we believe will permanently change our
lives,” continued Bielski. “Our ETFs go beyond the
trend-of-the-month, and provide targeted exposures that act as
important complements to existing core tech allocations. We’re
thrilled to be bringing our first ETF to market and we’re equally
excited to be providing investors with access to AR/VR growth.”
About Defiance ETFs
Defiance ETFs offers investors access to transformative
technology via targeted portfolios. Defiance ETFs’ distinct
approach to disruptive investing empowers investors to be on the
leading edge of technological developments that have the potential
to alter industries, and change how we experience the world. The
firm’s flagship product, AUGR, focuses on the opportunities
presented by augmented and virtual reality.
The Funds' investment objectives, risks, charges, and expenses
must be considered carefully before. The prospectus and summary
prospectus contains this and other important information about the
investment company. The prospectus can be obtained by calling
1-833-333-9383. Please read it carefully before investing.
Investing involves risk. Principal loss is
possible. As an ETF, the fund may trade at a premium or
discount to NAV. Shares of any ETF are bought and sold at
market price (not NAV) and are not individually redeemed from the
Fund. The Fund is not actively managed and would not sell a
security due to current or projected under performance unless that
security is removed from the Index or is required upon a
reconstitution of the Index. A portfolio concentrated in a single
industry or country, may be subject to a higher degree of risk.
The value of stocks of information technology companies are
particularly vulnerable to rapid changes in technology product
cycles, rapid product obsolescence, government regulation and
competition. The Fund is considered to be non-diversified,
so it may invest more of its assets in the securities of a single
issuer or a smaller number of issuers. Investments in
foreign securities involve certain risks including risk of loss due
to foreign currency fluctuations or to political or economic
instability. This risk is magnified in emerging markets.
Small and mid-cap companies are subject to greater and more
unpredictable price changes than securities of large-cap
companies.
The BlueStar Augmented and Virtual Reality Index is a
rules-based index tracking the performance of a group of
globally-listed stocks of companies engaged in the research &
development or commercialization of products and services related
to augmented and virtual reality within one of the following
categories: Gaming systems and video games; artificial
intelligence, including machine vision and natural language
processing; graphic processing units; cloud computing
infrastructure; simultaneous localization and mapping; displays
including holographic and adaptive interfaces; and sensors for
depth perception and positioning. It is not possible to invest
directly in an index.
The “BlueStar Augmented and Virtual Reality Index™” and “BAUGTR™
Index” (collectively “Augmented and Virtual Reality Index”), is the
exclusive property and a trademark of BlueStar Global Investors LLC
d/b/a BlueStar Indexes® and has been licensed for use for certain
purposes by Defiance ETFs LLC. Products based on the Augmented and
Virtual Reality Index are not sponsored, endorsed, sold or promoted
by BlueStar Global Investors, LLC or BlueStar Indexes®, and
BlueStar Global Investors, LLC and BlueStar Indexes® makes no
representation regarding the advisability of trading in such
product(s).
Defiance ETFs, LLC is the adviser to the Fund which is
distributed by Quasar Distributors, LLC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180801005245/en/
MacMillan CommunicationsChris Sullivan/Caroline Emerson,
212-473-4442caroline@macmillancom.com
Augros Cosmetic Packaging (EU:AUGR)
Historical Stock Chart
From Jul 2024 to Aug 2024
Augros Cosmetic Packaging (EU:AUGR)
Historical Stock Chart
From Aug 2023 to Aug 2024