Defiance ETFs is changing the underlying index and name of its Defiance Future Tech ETF (AUGR).Effective 24 June, AUGR will become the Defiance Next Gen Video Gaming ETF (VIDG) and will track the Bluestar Next Gen Video Gaming Index.“Augmented and virtual reality is a disruptive technology that we continue to believe in, but we feel investors will be better served by a fund that focuses on one of the key areas where this technology may have significant current impacts, which is why we’re magnifying the focus of the fund to hone in on the video game space,” says Paul Dellaquila, Global Head of ETFs at Defiance.VIDG will seek to provide investors a liquid and low-cost way to invest in companies developing and commercialising the video gaming industry. The fund will have an expense ratio of 0.30 per cent.
newETFs.io respects the hard work of others and gives all credit to the remarkable folks at ETFexpress.com. This excerpt/article was pulled from their RSS feed; click here to view the original. Please note that on occasion, the RSS feed will not have the author. When this happens this site defaults the author to "News". Make no mistake, this excerpt/article was not created by newETFs.io, it was simply shared with you.