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Security Profile
- Security Type
- Index ETF
- CUSIP
- 301505723
- IPO
- 6/25/2019
Fund Description: Robo Global Healthcare Technology and Innovation ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Exchange Traded Concepts Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Robo Global Healthcare Technology and Innovation ETF seeks to provide investment returns that closely correspond to the price and yield performance of the ROBO Global Healthcare Technology and Innovation Index. INDEX DESCRIPTION: The ROBO Global Healthcare Technology and Innovation Index is designed to measure the performance of companies that have a portion of their business and revenue derived from the field of healthcare technology and the potential to grow within this space through innovation and market adoption of such companies’ products and services. Companies eligible for inclusion in the Index are those included in the ROBO Global Healthcare Technology Database, created by the Index Provider, of companies that have a portion of their business associated with medical technology and health care innovation. The Index consists of securities of both U.S. and foreign issuers, including securities of issuers located in emerging market countries. The Index Provider expects, under normal circumstances, at least 20% of the Index components to represent securities of non-U.S. issuers. The Index may include China A-shares, which are shares of mainland China-based companies that trade on the Chinese stock exchanges. The Index is rebalanced and additions are made quarterly. FUND STRATEGY: The Fund will normally invest at least 80% of its total assets in securities of the Index or in depositary receipts representing securities of the Index. The Fund employs a passive management investment strategy in seeking to achieve its investment objective. The Fund generally will use a replication methodology, meaning it will invest in all of the securities comprising the Index in proportion to the weightings in the Index. However, the Fund may utilize a sampling methodology under various circumstances, including when it may not be possible or practicable to purchase all of the securities in the Index. The Fund may invest up to 20% of its assets in investments that are not included in the Index, but which the Adviser believes will help the Fund track the Index. FUND MANAGEMENT: Exchange Traded Concepts, LLC serves as the investment adviser to the Fund.
Company Contact
- Headquarters
- 10900 Hefner Pointe Drive, Suite 207 Oklahoma City, OK 73120
- Phone
- 405-778-8377 · Toll-Free 855-456-7626
- Investor Relations
- 855-456-7626 · roboglobaletfs@seic.com