IBOT offers global exposure to the rise of the robotics
industry, which is projected to grow to over $90B by 2026.1
IBOT joins VanEck’s forward-looking thematic ETFs lineup, providing
a way for investors to invest in the technologies shaping our
future.
VanEck today announced the launch of the VanEck Robotics ETF
(IBOT), a thematic equity ETF offering exposure to the leading
global companies that are driving and benefiting from the growth of
the robotics industry. As economic environments rapidly shift,
labor shortages grow, and the world trends toward deglobalization,
the need to introduce more automation and greater efficiency across
a range of industries is increasing.
“Industrial robotics are experiencing the twin tailwinds of
increasing demand and declining costs, and the global marketplace
for these machines is expected to double in just the next five
years,” said Michael Cohick, Director of Product Management at
VanEck. “For investors looking to participate in this growing
trend, a global approach is key, as is ensuring exposure across the
main sub-sectors of the robotics industry, given the range of use
cases and the pace of innovation that are emerging across so many
sectors of the global economy.”
IBOT seeks to track the performance, before fees and expenses,
of MarketVector Index’s BlueStar Robotics Index. The Index is
designed to provide pure play exposure to the robotics space, so to
be eligible for inclusion, companies must generate at least 50% of
their revenues from one of the sub-themes identified by VanEck and
MarketVector, which include:
- Robots and manufacturing/industrial automation systems
- Robotic surgical systems
- Additive manufacturing (i.e. 3D printing)
- Robotics or manufacturing computer aided design
- Semiconductor manufacturing systems
- Machine vision
Additionally, companies must have a full market cap of $500M,
and a 3-month average-daily-trading volume of at least $1M.
Companies will be cap weighted at 5% and the Index also implements
a fixed tier modified float-adjusted market cap weighting scheme,
with robotics/manufacturing at 50% weight, machine vision and
robotics software at 25%, and embedded chips, robotic surgical
systems and semiconductor manufacturing also at 25%.
“We are proud to announce the licensing of the BlueStar Robotics
Index to VanEck to underlie an ETF,” said Thomas Kettner, COO of
MarketVector Indexes. “Being involved in the robotics industry has
proven to be a pioneering business model. The robotics market has
been steadily growing since the index’s inception, transforming
multiple industries. This is an exciting expansion of products
linked to MarketVector’s thematic index family.”
IBOT joins a thematic equity lineup that includes VanEck Video
Gaming and eSports ETF (ESPO), VanEck Semiconductor ETF (SMH), and
VanEck Biotech ETF (BBH).
About VanEck
VanEck has a history of looking beyond the financial markets to
identify trends that are likely to create impactful investment
opportunities. We were one of the first U.S. asset managers to
offer investors access to international markets. This set the tone
for the firm’s drive to identify asset classes and trends –
including gold investing in 1968, emerging markets in 1993, and
exchange traded funds in 2006 – that subsequently shaped the
investment management industry.
Today, VanEck offers active and passive strategies with
compelling exposures supported by well-designed investment
processes. As of February 28, 2023, VanEck managed approximately
$71B in assets, including mutual funds, ETFs and institutional
accounts. The firm’s capabilities range from core investment
opportunities to more specialized exposures to enhance portfolio
diversification. Our actively managed strategies are fueled by
in-depth, bottom-up research and security selection from portfolio
managers with direct experience in the sectors and regions in which
they invest. Investability, liquidity, diversity, and transparency
are key to the experienced decision-making around market and index
selection underlying VanEck’s passive strategies.
Since our founding in 1955, putting our clients’ interests
first, in all market environments, has been at the heart of the
firm’s mission.
Important Disclosures
This is not an offer to buy or sell, or a solicitation of any
offer to buy or sell any of the securities mentioned herein. The
information presented does not involve the rendering of
personalized investment, financial, legal, or tax advice. Certain
statements contained herein may constitute projections, forecasts
and other forward looking statements, which do not reflect actual
results. Information provided by third-party sources are believed
to be reliable and have not been independently verified for
accuracy or completeness and cannot be guaranteed. Any opinions,
projections, forecasts, and forward-looking statements presented
herein are valid as of the date of this communication and are
subject to change without notice. The information herein represents
the opinion of the author(s), but not necessarily those of
VanEck.
BlueStar® Robotics Index (BRBTNTR): seeks to track the overall
performance of companies involved in robotics.
MarketVector Indexes GmbH develops, monitors and markets a
focused selection of pure-play and investable indices designed to
underlie financial products. They cover several asset classes
including hard assets and the internal equity markets as well as
fixed income markets. MarketVector Indexes is the index business of
VanEck, a U.S. based investment management firm and provider of
VanEck ETFs.
MarketVector Indexes does not sponsor, endorse, sell, promote or
manage any investment fund or other investment vehicle that is
offered by third parties and that seeks to provide and investment
return based on the performance of any index. MarketVector Indexes
makes no assurance that investment products based on the index will
accurately track index performance or provide positive investment
returns. MarketVector Indexes is not an investment advisor, and it
makes no representation regarding the advisability of investing in
any such investment fund or other investment vehicle. A decision to
invest in any such investment fund or other investment vehicle
should not be made in reliance on any of the statements set forth
in this document.
An investment in the VanEck Robotics ETF (IBOT) may be
subject to risks which include, among others, investing in the
robotics industry, information technology sector, industrials
sector, equity securities, medium-capitalization companies,
Japanese issuers, foreign securities, semiconductor industry,
depositary receipts, market, operational, index tracking,
authorized participant concentration, new fund, no guarantee of
active trading market, trading issues, passive management, fund
shares trading, premium/discount and liquidity of fund shares,
non-diversified and concentration risk, all of which may adversely
affect the Fund. Medium-capitalization companies may be subject to
elevated risks.
An investment in the VanEck Video Gaming and eSports ETF
(ESPO) may be subject to risks which include, among others,
risks related to investing in video gaming and eSports companies,
software industry, internet software & services industry,
semiconductor industry, equity securities, communication services
sector, information technology sector, depositary receipts, small-
and medium-capitalization companies, issuer-specific changes,
special risk considerations of investing in Asian, Chinese and
Japanese issuers, emerging markets issuers, foreign securities,
foreign currency, market, operational, cash transactions, index
tracking, authorized participant concentration, no guarantee of
active trading market, trading issues, passive management, fund
shares trading, premium/discount risk and liquidity of fund shares,
non-diversified, and industry concentration risks, all of which may
adversely affect the Fund. Emerging market issuers and foreign
securities may be subject to securities markets, political and
economic, investment and repatriation restrictions, different rules
and regulations, less publicly available financial information,
foreign currency and exchange rates, operational and settlement,
and corporate and securities laws risks. Small- and
medium-capitalization companies may be subject to elevated
risks.
An investment in the VanEck Semiconductor ETF (SMH) may
be subject to risks which include, among others, risks related to
investing in the semiconductor industry, equity securities, special
risk considerations of investing in Asian, European and Taiwanese
issuers, foreign securities, emerging market issuers, foreign
currency, depositary receipts, medium-capitalization companies,
issuer-specific changes, market, operational, index tracking,
authorized participant concentration, no guarantee of active
trading market, trading issues, passive management, fund shares
trading, premium/discount risk and liquidity of fund shares,
non-diversified, and industry concentration risks, all of which may
adversely affect the Fund. Emerging market issuers and foreign
securities may be subject to securities markets, political and
economic, investment and repatriation restrictions, different rules
and regulations, less publicly available financial information,
foreign currency and exchange rates, operational and settlement,
and corporate and securities laws risks. Medium-capitalization
companies may be subject to elevated risks.
An investment in the VanEck Biotech ETF (BBH) may be
subject to risks which include, among others, risks related to
investing in the biotechnology industry, equity securities, life
sciences tools and services industry, depositary receipts,
medium-capitalization companies, issuer-specific changes, market,
operational, index tracking, authorized participant concentration,
no guarantee of active trading market, trading issues, passive
management, fund shares trading, premium/discount risk and
liquidity of fund shares, non-diversified, and industry
concentration risks, all of which may adversely affect the Fund.
Medium-capitalization companies may be subject to elevated
risks.
Investing involves substantial risk and high volatility,
including possible loss of principal. An investor should consider
the investment objective, risks, charges and expenses of the Fund
carefully before investing. To obtain a prospectus and summary
prospectus, which contains this and other information, call
800.826.2333 or visit vaneck.com. Please read the prospectus and
summary prospectus carefully before investing.
Van Eck Securities Corporation, Distributor, a wholly owned
subsidiary of Van Eck Associates Corporation 666 Third Avenue,
New York, NY 10017 800.826.2333
1 BCC Publishing, 2022
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