The technology component focuses more in the next generation of internet names. These tech companies benefit from the shifting bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media.
Lastly, the industrial exposure covers a so-called new industrial revolution or advances in autonomous vehicles, robotics, 3D printing, and energy storage technology that are enhancing productivity, reducing costs, and transforming the manufacturing landscape.
Top holdings include Tesla 9.9%, Stratasys 6.6%, Invitae 6.5%, intellia Therapeutics 6.4% and Twitter 4.3%. Top sector weights include information technology 40.1%, health care 37.5% and consumer discretionary 17.6%.
Financial advisors who are interested in learning more about disruptive technologies can register for the upcoming webcast on Tuesday, September 25 here.