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Investing in Robotics & Artificial Intelligence

How Can I Invest in the Future of Artificial Intelligence? 

You may have read a technology article, or perhaps your work involves some sort of artificial intelligence component, perhaps you have been looking at trends in the workforce and wondering whether your industry will someday be replaced or shrink due to use of robotics and artificial intelligence. In recent years there has been a growing notion that at some point that the landscape of the workforce will change. Many industries could be replaced or shrink the workforce due to use of machines, robotics, and artificial intelligence. We have seen since the 1990’s how rapidly technological advances can occur and the radical changes they can make. Therefore these seem to be legitimate concerns and it seems to be an area of opportunity for investors who have foresight and are looking to profit from the long term trend (in my humble opinion of course).

One way to invest in this trend is through an exchange traded fund by the ticker symbol (BOTZ) Global X Robotics and Artificial Intelligence ETF. This ETF has over $2.44 Billion in assets. The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Robotics & Artificial Intelligence Thematic Index. The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to exchange-listed companies in developed markets that are involved in the development of robotics and/or artificial intelligence as defined by Indxx, the provider of the underlying index. The fund is non-diversified. Additionally, as with other ETF’s there is a maintenance fee of .68% here (which is in line with other similar ETF’s; also please note that ETF fees are typically lower than corresponding mutual fund fees). As you know, fees are an important consideration for any potential investment involving ETF’s or mutual funds and should always be considered. Overall, BOTZ seems to be a great low cost investment to speculate on the future, or growing trend of robotics and artificial intelligence.

 

 

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