Robotics- or automation-related products and services include any technology, service or device that supports, aids or contributes to any type of robot, robotic action or automation system process, software or management.
The robotics ETF’s portfolio may also provide exposure to companies with sustainable growth opportunities, as the underlying ROBO Global Robotics & Automation Index has exhibited attractive sales growth, EBITDA growth and earnings-per-share growth. The underlying index has even outperformed the broader technology and S&P 500 index since the 2008 financial downturn.
“RAAI technologies are already disrupting nearly every industry in every geography, creating a swift transition to an ‘automate or fail’ economy that is dictating the success or failure of corporations large and small. Still in its infancy, this multi-decade transition to a world in which automation and technology are applied to all industries, markets, and geographies is positioned to provide a unique opportunity for today’s forward-thinking investor,” according to Robo Global.
Financial advisors who are interested in learning more about robotics and artificial intelligence investments can register for the Tuesday, August 14 webcast here.