Defiance ETFs launched a new exchange traded fund that is designed for investors seeking to capitalize on the growing opportunities in augmented reality and virtual reality technology.
The Defiance Future Tech ETF (AUGR) offers a liquid and transparent way to invest in companies developing and commercializing the augmented reality and virtual reality technology from application developers to manufacturers and distributors of the necessary hardware. The expense ratio is 0.65%.
“The AR/VR space has extended far beyond its roots in gaming to applications in healthcare, retail, manufacturing, entertainment and more,” Matthew Bielski, founder and CEO of Defiance ETFs, said in a statement. “But as the category matured and expanded, investors lacked options for adding targeted exposure to AR/VR leaders to their portfolios.”
The underlying index for the AUGR ETF is the BlueStar Augmented and Virtual Reality Index (BAUGR). This index 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.
Swell Investing Launches Diversified Impact Portfolio
Swell Investing launched a new portfolio of 400 public equities diversified across sectors and all 17 United Nations Sustainable Development Goals.
In building the new Swell Impact 400 portfolio, Swell’s impact team examined thousands of companies, ultimately identifying 400 companies poised to drive returns while achieving social and environmental impact.
Each of the companies in Swell’s Impact 400 portfolio derives revenue from products and solutions addressing the United Nations Sustainable Development Goals, ensuring that each company is actively working towards creating positive change in the world.
In addition, each company in the Impact 400 portfolio includes at least one woman or ethnically diverse member on their board or executive team.
Suite of MicroSectors “FANG+” ETNs Expanded
REX Shares launched three additional MicroSectors exchange traded notes in their partnership with Bank of Montreal.
The three ETNS – the MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO), the MicroSectors FANG+ Index -2X Inverse Leveraged ETNs (FNGZ) and the MicroSectors FANG+ Index Inverse ETNs (GNAF) – are based on the NYSE FANG+ Index and are now trading on NYSE Arca.
The NYSE FANG+ Index provides exposure to a select group of widely-held technology stocks. This includes the five core “FANG” stocks — Facebook, Apple, Amazon, Netflix and Alphabet’s Google, plus another five actively-traded technology growth stocks — Alibaba, Baidu, NVIDIA, Tesla and Twitter.
REX, a provider of alternative investment products, created the first MicroSectors ETNs earlier this year in partnership with Bank of Montreal and has seen significant market interest since their adoption. Bank of Montreal worked with REX on certain elements of product design and REX acts as Structuring Agent for the ETNs.
WisdomTree Launches the WisdomTree 90/60 U.S. Balanced Fund