Description

RBOT is designed to provide exposure to the performance of equity securities of companies that are involved in the development of robotics and/or artificial intelligence. The average cost of an industrial robot declined from $46k in 2010 to just $27k in 2017 – and is forecasted to dip below $11k by 2025 as technology improves and scales, allowing for broader adoption across industries.* *Statista, Sep 2023. Robotics & AI have a wide-reaching application, extending far beyond industrial activity. RBOT invests accordingly, with global exposure across multiple sectors and industries. RBOT seeks to replicate, to the extent possible, the performance of the Indxx Global Robotics & Artificial Intelligence Thematic Index, net of expenses. The Indxx Global Robotics & Artificial Intelligence Thematic Index is designed to provide exposure to the performance of equity securities of companies that are involved in the development of robotics and/or artificial intelligence. RBOT seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times.