ETF Securities' robotics ETF surpasses $1bn AUM

Net inflows of $604m in 2017

Tom Eckett
clock • 2 min read

ETF Securities has seen its robotics and automation ETF pass $1bn assets under management (AUM) after seeing seen net year-to-date inflows of $604m on the back of increased demand for the asset class.

Launched in partnership with ROBO Global in October 2014, the ETFS ROBO Global Robotics and Automation GO UCITS ETF has  also returned 41.5% so far this year to 27 November, according to Trustnet, contributing to the rise in AUM.  The ETF tracks the ROBO Global® Robotics and Automation UCITS index which currently holds 84 stocks. Howie Li, CEO of ETF platform Canvas, at ETF Securities, said it took a while for investors to fully understand the product and how it fitted into their portfolios. Li said: "From an asset allocation stand point, investors were confused about how they use...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

BlackRock launches two active iShares ETFs in Europe

BlackRock launches two active iShares ETFs in Europe

Listed on Euronext Amsterdam and Xetra

Cristian Angeloni
clock 26 March 2024 • 1 min read
HANetf combines tech thematic ETFs due to insufficient assets

HANetf combines tech thematic ETFs due to insufficient assets

Effective 28 March

clock 20 March 2024 • 1 min read
Amundi launches Europe's cheapest All Country World ETF

Amundi launches Europe's cheapest All Country World ETF

TER of 0.07%

clock 18 March 2024 • 1 min read
Trustpilot