Global X Robotics & AI Index ETF (RBOT.TO) TSX
37.32
-0.03(-0.08%)
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
37.32
-0.03(-0.08%)
Currency In CAD
Address
161 Bay Street, Suite 2700
Toronto, ON M5J 2S1
Canada
Phone
1-866-641-5739
Sector
Financial Services
Industry
Asset Management - Global
Employees
N/A
First IPO Date
November 29, 2017
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.