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- Move in response to investor appetite for physicallybacked
exposure to robotics and automation sector
- TER cut from 95bps to 80bps for first UCITS ETF
providing exposure to global robotics and automation
sector, reflects investment theme becoming mainstream
The change also allows ETF Securities to reduce the TER from 95 bps to 80 bps on the
product, the first European ETF to provide global exposure to the rapidly evolving global
robotics and automation sector.
Howie Li, Co-Head of Canvas, ETF Securities comments: “The ROBO Global® Robotics
and Automation product is now well established, with around USD 80 million (2)
in AUM since
its listing nearly two years ago. By making the product physically backed and cutting the
TER, we are responding to investor demand to make this increasingly important investment
theme more accessible to a broader range of European investors.”
He adds: “We believe the world is in the early stages of a transformational new economic
revolution, driven by the increasing adoption of sophisticated robotics and automation
technologies across all aspects of industry and day-to-day life. ROBO, which we developed
with ROBO Global®, a recognised leader in robotics and automation investment solutions,
offers investors a simple, liquid, risk adjusted and cost effective way to gain access to this
automation and robotics megatrend. The move to physical-replication and cost reduction
should further enhance investors’ interest and access to this opportunity.”
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