With the exchange traded funds industry on pace for another year of record-breaking asset-gathering, plenty of smaller issuers are joining the party, a trend that’s buoyed by investors’ affinity for thematic ETFs.
The ROBO Global Healthcare Technology and Innovation ETF (HTEC) is capitalizing on those trends as it recently topped $100 million in assets under management, an impressive run for an ETF that only came to market in June 2019.
“After closely monitoring the healthcare space for five years as part of our flagship index, it was clear that technological advancements would be reshaping this sector for decades to come,” said Travis Briggs, CEO of ROBO Global. “It was a natural extension for us to launch a healthcare technology index designed to capture this long-term growth opportunity.”
Home in on HTEC’s (Well-Performing) Methodology
HTEC seeks to provide investment results that, before fees and expenses, correspond generally to the price and