“As Yogi Berra would say, ‘The future ain’t what it use to be,'” Edelman added.
One way for investors to capitalize on these innovative advances in technology is through a targeted ETF strategy. BlackRock’s (NYSE: BLK) iShares unit, the world’s largest issuer of exchange traded funds, and Ric Edelman’s Edelman Financial Services, one of the largest independent registered investment advisory firms, have partnered to introduce the the iShares Exponential Technologies ETF (NasdaqGM: XT).
XT is designed to provide global exposure to companies identified as leaders across key areas of technological transformation from big data and analytics to nanotechnology and bioinformatics. These companies, which also cross industry sectors such as manufacturing, financial services and healthcare, have the potential to profoundly transform society and may offer substantial investment growth opportunities.
For more ETF-related commentary from Tom Lydon and other industry experts, visit our video category.