Asset manager VanEck has listed Europe’s first smart home ETF today, the VanEck Vectors Smart Home Active UCITS ETF on London Stock Exchange, Xetra Deutsche Börse and Euronext Amsterdam, offering investors access to innovative smart home technology.
The firm writes that the smart home revolution is in full swing and started long before the voice- or sensor-controlled products we see today. Smart home technologies form an entire ecosystem whose growth is driven by digital transformation.
“Whether it is work-from-home, virtual workouts, entertainment, delivery services, online shopping, or even telemedicine, all areas of life are increasingly being brought from the world “outside” into our homes. In addition, artificial intelligence will even enable individual devices to “anticipate” needs in the future and then react correctly, dependant on the situation the user is in,” the firm says.
“The home of the future is digital, connected and, above all, intelligent. It changes the way we shop, work, communicate and entertain from home,” says Martijn Rozemuller, CEO of VanEck Europe.
“Our smart home ETF enables investors to invest in a future topic driven by the digitalisation of our everyday lives,” says Dominik Schmaus, Product Manager at VanEck.
For the VanEck Vectors Smart Home Active UCITS ETF, VanEck works with Dutch investment boutique Dasym. Its research-driven approach enables Dasym to spot themes early on and be first to market with innovative products.
Peter van Rooyen Dasym’s CIO, explains: “As more smart home applications make an appearance, a completely new ecosystem will start to develop. Based on historic experiences, we expect that the exact form of the smart home and the impact it will have on consumer practices will be broad and unexpected offering ample opportunities to invest.”
Dasym specialises in the creation of actively-managed theme-based investment solutions around the sectors that feel the disrupting effect of technology. Its research and listed equity team conducts the stock selection for the active ETF.
“This allows us to regularly adjust the portfolio of our ETF with our experienced partner Dasym and react quickly to new developments,” says Rozemuller. “As a result, our investors benefit from the careful stock selection that active fund managers provide, and the advantages of an ETF, such as low price and ease of trading.”
The ETF comprises a global selection of 40 to 60 companies with high revenues in the smart home sector. The selection is adjusted monthly. The VanEck Vectors Smart Home Active UCITS ETF is accumulating and has a total expense ratio (TER) of 0.85 per cent.
