Think Driverless Cars Are The Future? A New ETF Lets You Invest In Them Now: (CARS)

Ted

FTI: Exposure to one of the most highly anticipated technological trends of recent years will soon be available to investors in one of the most popular investment wrappers on the market.

Evolve Funds, an investment fund based in Toronto, is launching an exchange-traded fund dedicated to innovation in automobiles. The fund will hold companies “that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles,” per its prospectus.

It will begin trading on Friday, according to a Reuters report. Evolve Funds didn’t immediately return a request for comment or confirmation.

The Evolve Automobile Innovation Index ETF will trade under the symbol “CARS” and charge an annual expense ratio of 0.4%.
Regards,
Ted
http://www.marketwatch.com/story/think-driverless-cars-are-the-future-a-new-etf-lets-you-invest-in-them-now-2017-09-28/print

sma3

thanks for the link. i bought some LIT a few months ago, and WSKY a year ago..

Both have done well... I guess they play on the same theme... Get drunk without worring about that pesky DWI?