VanEck Robotics ETF (IBOT)

Overview

The fund focuses on investing primarily in companies within the robotics industry. By allocating at least 80% of its total assets into robotics companies, the fund aims to offer investors exposure to the growth potential of the robotics sector. The index that this fund tracks includes a range of equity securities, which could also encompass depositary receipts, of companies around the globe that are significantly involved in the robotics industry. This fund takes a non-diversified investment approach, meaning it may invest more heavily in fewer securities, potentially increasing the risk and reward profile for investors.

Products and Services

• Investment in Robotics Companies: The core product of the fund is its focus on investment in robotics companies. This involves putting at least 80% of its assets into the equities of companies engaged in the development, production, or sale of robotics. This includes a wide range of businesses, from those creating industrial automation solutions to companies involved in developing robotic surgery tools.

• Equity Securities including Depositary Receipts: The fund invests in a variety of equity securities of companies listed on global exchanges. This also includes depositary receipts, which are a type of security that represents a share in a foreign company. This allows the fund to have a broader reach in investments, accessing companies across different countries involved in the rapidly growing robotics industry.

• Non-diversified Fund Structure: As a non-diversified fund, this product takes a concentrated approach to investment. Rather than spreading investments across a broad array of sectors or companies, the fund focuses its investments more narrowly on the robotics industry and within that, potentially, on a smaller number of companies. This strategy can lead to higher volatility and risk but also offers the potential for significant returns if the selected companies perform well.