In late June, Toronto-based Emerge Canada Inc. launched five innovation-focused ETFs that trade on the NEO Exchange. The ETFs are actively managed and focus on sectors such as biotech and genomics, fintech, artificial intelligence and big data, as well as on autonomous tech and robotics. The ETFs consist of Emerge ARK Global Disruptive Innovation ETF, Emerge ARK Genomics & Biotech ETF, Emerge ARK Fintech Innovation ETF, Emerge ARK AI & Big Data ETF and Emerge ARK Autonomous Tech & Robotics ETF. The ETFs are subadvised jointly by Emerge Capital Management Inc. and ARK Investment Management LLC. The management fee for each of these ETFs is 0.80%.
Emerge launches innovation-focused ETFs
Product watch
- By: Daniel Calabretta
- Source : Investment Executive
- August 23, 2019 October 31, 2019
- 00:03