The securities market is all about exposure. A company stands a chance to earn more clients depending on how well investors hear about it. For Coincapital, the opportunity came on Sept. 20th, 2018 when it opened the Toronto Stock Exchange (TSX). Ringing the opening bell is widely broadcast, which gives the company a lot of exposure.
New Investment Vehicles
Notably, there are companies already offering exchange-traded funds (ETFs) on the TSX. However, there is a conspicuous void when it comes to emerging technologies. There are world’s leading companies with great financial performance, but there is no avenue to invest in them. Basically, Coincapital is providing investment vehicles into the companies.
Particularly, Coincapital will offer STOXX Blockchain Patents Innovation Index Fund (LDGR) ETF. In addition, the Coinsquare subsidiary will offer Coincapital STOXX B.R.AI.N. Index Fund (THNK) ETF, both on the TSX.
Emerging Technology ETFs to Involve Canadians in the Future
Interestingly, there are many new technologies that investors do not have access to in terms of investments. For instance, artificial intelligence (AI) is fairly new. Therefore, AI companies do not have a good representation on the TSX. However, as Lewis Bateman, CEO of Coincapital notes,
“Canadians know technologies like AI and the blockchain are going to change the way we live and work.”
In this view, the company wants to give Canadians an opportunity to share in the revolution. Basically, offering ETFs will remove the need for deep domain expertise for one to invest in the companies.
“We’re doing the work for investors, using our in-depth industry knowledge to provide Canadians with an innovative suite of investment options,” he adds.
Partaking in the Technologies’ Success
In short, Canadians will be able to invest in complex technologies without expert level knowledge in the technologies.
According to a press statement, the LDGR fund will enable investors put their money in blockchain technology companies. “The fund invests in global equity securities of companies that are investing in the research and development of blockchain technologies,” the news release reads in part.
On the other hand, the THNK fund invests in companies dealing with biotechnology, robotics, artificial intelligence, and nanotechnology. In essence, these emerging technology ETFs will enable investors to partake in the success of the new technologies. In addition, investors will get a wider option base in which to put their money. Eventually, the emerging technologies will also get an “emotional boost” to push boundaries further.