Bringing you live news and features since 2006 

ROBO Global Artificial Intelligence ETF (THNQ) launches on NYSE

RELATED TOPICS​

ROBO Global, an industry pioneer in innovative investing strategies, has launched the ROBO Global Artificial Intelligence ETF in partnership with Exchange Traded Concepts (ETC).THNQ tracks the ROBO Global Artificial Intelligence Index, which was designed to provide investors with a comprehensive, transparent, and diversified benchmark that represents the global value chain of artificial intelligence.

“The transformative power of AI is irrefutable,” says Travis Briggs, CEO of ROBO Global US. “Companies around the world are turning to AI to outpace their competition, and the proof points are in the data. The AI market is expected to reach USD390.9 billion by 2025 with AI technologies estimated to increase global economic output by USD13 trillion over the next decade.”

Built to capture the potential growth and returns presented by the AI technology and market leaders around the globe while simultaneously minimising risk, THNQ provides exposure to more than 60 stocks across 11 sub-sectors in 16 different countries. The portfolio includes companies developing the technology and infrastructure enabling AI, such as computing, data and cloud-services, as well as companies that apply AI in various verticals, from business processes to e-commerce and healthcare, among others.

“With a proven track record, ROBO Global is uniquely positioned to provide the underlying index for THNQ,” says Briggs. “Our team is exclusively focused on innovative technologies, and our strategic advisory board, stacked with seven PhDs, includes some of the world’s most prominent and celebrated robotics and AI researchers. Together, we have an intimate understanding of the entire AI ecosystem and how that value can be delivered to investors.”

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
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