Las Vegas, October 16 (Reuters/ PR Newswire ) – Rareview Capital LLC and Tuttle Capital Management announced today the launch of Tuttle - Rareview Humanoid Robotics ETF (Code: HOID). This is an actively managed exchange-traded fund aimed at seeking capital appreciation by investing in companies that develop humanoid robots and related technologies.
HOID provides a targeted investment approach for the humanoid robot ecosystem, covering not only robot manufacturers but also the technologies and components that support their development. This strategy takes into account both the "brain" and the "body": the "brain" includes artificial intelligence, software, and semiconductors; the "body" comprises sensors, actuators, batteries, and other key components.
Rareview Capital Founder and Chief Investment Officer Neil Azous stated: "Artificial intelligence has already demonstrated how quickly new technologies can evolve and reshape entire industries. We believe that humanoid robots are entering a similar stage of development, and meaningful progress may occur in the next decade. We are delighted to provide investors with an opportunity to participate in this evolution through a strategy that focuses not only on the robots themselves but also on the technology companies that support their development."
The fund can invest in American and international companies, including those that have entered commercial production as well as fully functional prototype companies that are in the development stage and moving towards commercialization. The portfolio is rebalanced at least once every quarter.
The CEO of Tuttle Capital Management, who also serves as the deputy advisor and co-portfolio manager for HOID, Matthew Tuttle stated: "Humanoid robots have a brain and a body. The brain consists of chips, software, and AI models; the body comprises actuators, sensors, and batteries. HOID encompasses both of these parts. The teams of Neil Azous and Rareview Capital, along with me, have created this fund with the aim of tracking the entire supply chain, from robot manufacturing companies to those that produce internal components."
For more information about HOID, including the fund's investment strategy, risks, fees, and expenses, please visit: https :// rareviewcapital.com / humanoid-robotics-etf /
About Rareview Capital LLC
Rareview Capital LLC is a registered investment advisor and founder of ETF, focusing on target-based investment strategies. The company's solutions can be provided through ETF, sub-advisors, dual-contract arrangements, model portfolios, or direct client accounts. Rareview Capital is headquartered in Las Vegas, Nevada. For more information, please visit www.rareviewcapital.com or call 212-475-8664.
About Tuttle Capital Management
Tuttle Capital Management is the main issuer of the thematic ETF, helping investors to grasp the ever-changing market dynamics. The company is known for its active management approach and its ability to build portfolios around emerging trends. Its products include actively managed thematic stocks ETF, the weekly dividend-paying Income Blast series ETF, as well as regularly indexed funds ETF developed in collaboration with third-party index providers. For more information, please visit www.tuttlecap.com.
Media Contact
Erika Wilson
Rareview Capital LLC212-475-8664[ email protected ]www.rareviewcapital.comImportant Risk Warning
Before making an investment, please carefully consider the fund's investment objectives, risk factors, fees, and expenses. Relevant information can be found in the full version and summary version of the prospectus, which can be accessed through rareviewcapital.com. Please read the prospectus carefully before investing.
Investment involves risks, including the potential loss of principal. There is no guarantee that a fund will achieve its stated objectives. Investing in this fund may expose you to various risks, including but not limited to market risk, interest rate risk, tax risk, liquidity risk, leverage risk, investment restriction risk, operational risk, concentration risk among authorized participants, the inability to ensure the existence of an active trading market, trading issues, active management risk, risk associated with the trading of fund shares, premium/discount risk, and risks related to the liquidity and concentration of fund shares. All of these factors can have an adverse effect on the fund. Diversified investment does not guarantee profits or protect against losses. Exchange-traded funds (ETFs) (ETF) involve investment risks, and their market value can fluctuate. Unlike mutual funds, shares of ETF cannot be redeemed directly by the fund; instead, they are bought and sold on the secondary market at market prices, which may be higher or lower than the net asset value of ETF (NAV). Buying and selling shares of ETF incurs brokerage commissions, which can reduce returns.
Associated Fund Risks. This fund invests in associated underlying funds (“associated funds”), non-associated underlying funds, or a combination of both. As a result, advisors face conflicts of interest when allocating fund assets to associated funds.
Risks of humanoid robotics companies. This fund invests in humanoid robotics companies, which may have limited product lines, markets, financial resources, or personnel, and are exposed to risks associated with business cycles, global economic growth, technological advancements, and changes in government regulations. Securities of humanoid robotics companies are typically more volatile than those of companies that rely less on technology. Humanoid robotics companies usually invest substantial funds in research and development, and rapid changes in this field can have a significant adverse impact on their operating results.
China Risk. The fund may invest in instruments that provide exposure to Chinese companies, including through investments in Chinese A-shares, which will expose the fund to China-specific risks. There may be a considerable degree of economic, political, and social instability in China. China is considered an emerging market, and its volatility is sometimes significantly higher compared to developed markets.
Concentration risk. The fund is concentrated in industries or industry groups composed of the industrial, information technology, and discretionary consumer sectors.
ADR Risks. ADR There may be some of the same risks as directly investing in foreign companies, including international trade, exchange rate, political, regulatory, and diplomatic risks. In sponsored ADR arrangements, foreign issuers bear part or all of the depositary institution transaction fees. In unsponsored ADR arrangements, foreign issuers bear no obligations, and the depositary institution transaction fees are paid directly by the ADR holders. Since unsponsored ADR arrangements are organized independently without the cooperation of an issuer, the information available about foreign issuers may not be as timely as that in sponsored ADR arrangements, and the voting rights of the deposited securities are not transferred to the holders.
Non-diversified risk. As a “non-diversified” fund, this fund may hold a smaller number of portfolio securities compared to many other funds. If the fund invests in a relatively small number of issuers, a decline in the market value of a single holding security could have a greater impact on the fund’s value than if it invested in more issuers. The value of each fund share may be more volatile than that of more diversified funds.
Non-U.S. securities carry additional risks. Due to potential adverse political, social, or economic developments; restrictions on foreign investment or securities exchange; capital controls; insufficient liquidity; exchange rate fluctuations; excessive taxation; government confiscation of assets; sanctions imposed by foreign governments; different legal or accounting standards; as well as less regulation by foreign stock exchanges and government oversight, the volatility of non-U.S. securities is generally higher than that of securities issued by domestic U.S. issuers.
Variable interest entity risk. Exposures to VIE may carry additional risks, as investments are made through intermediary shell companies that enter into service and other contracts with the underlying Chinese operating companies, without representing equity ownership in those operating companies. As a result, such investments may limit the rights of investors regarding the underlying Chinese operating companies. VIE enables foreign shareholders to exert a certain degree of control over the operating companies and obtain their economic benefits without formal legal ownership.
Not covered by FDIC insurance protection * No bank guarantee provided * Potential for losses
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