Bringing you live news and features since 2006 

First video game technology ETF launches

RELATED TOPICS​

Factor Advisors, a subsidiary of ETF Managers Group, in partnership with PureFunds, ISE ETF Ventures, and EE Fund Management, has launched the PureFunds Video Game Tech ETF (GAMR).

GAMR, the first exchange-traded fund dedicated to video game technology, is now trading on NYSE Arca and has an expense ratio of 0.75 per cent.
 
“We welcome GAMR to the growing family of PureFunds SelecTech ETFs,” says Andrew Chanin, CEO of PureFunds. “Investing in technology has developed as a sector where its different segments redefine existing industries or introduce new economies altogether, and it’s become increasingly important for investors to consider thematic, targeted exposure to reflect these changes.”
 
GAMR will seek to correspond generally to the price and yield performance of the EE Fund Video Game Tech Index (GMB), which tracks thirty-six exchange-listed companies across the globe actively engaged in supporting or utilizing the video gaming industry.
 
“Video games provide consumers with compelling cost-per-hour entertainment value, and attractive margin opportunities for software developers,” says Ted Pollak, President of EE Fund Management. “The demands for processing and graphics capability motivate semiconductor companies to produce faster and more efficient chips. Platform makers continually improve their systems. Peripheral and component makers enjoy repeat sales of input devices, accessories, and computer parts. New paradigms like virtual reality, free-to play, and game streaming expand opportunities and keep innovation fresh. All this adds up to a dynamic and evolving industry landscape with multiple paths for potential future growth.”
 
“As a supporter of PureFunds SelecTech ETFs and first-to-market ETFs in other diverse industries, ISE ETF Ventures continues to open up emerging technologies and markets that were previously unavailable to investors of all types and sizes,” says Kris Monaco, Head of ISE ETF Ventures. “We are pleased to work with Factor Advisors, PureFunds, and EE Fund Management for the PureFunds Video Game Tech ETF.”
 
Sam Masucci, founder and CEO of ETF Managers Group, says: “We are excited to be working with our partners at PureFunds and ISE ETF Ventures on the launch of another innovative first to market ETF. Video game technology has evolved into an important and growing sector within the broader technology industry. This fund marks the 15th ETF in our growing family of client funds.”

Latest News

Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..
Trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms reveals that the Tradeweb European ETF marketplace reached..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by