First Ever Real Estate Tech ETF Launched by ETF Managers Group (ETFMG)
HHH, the world's first ETF focused on real estate technology, started trading on the New York Stock Exchange. Managed by ETF Managers Group, this ETF targets companies enhancing real estate transactions through technology, including marketing, rentals, and mortgage processes. The Index it tracks offers insights into the evolving real estate tech sector, which is increasingly significant given the industry's historical inefficiencies. CEO Sam Masucci emphasizes the ETF's role as a pioneering investment in a rapidly transforming market.
- Launch of HHH provides unique exposure to real estate technology companies, addressing sector inefficiencies.
- First ETF designed to capitalize on the technological disruption in the real estate industry.
- Limited operating history of the Fund may lead to uncertainty for prospective investors.
- No assurance that the Fund will grow to a viable size, raising concerns about long-term sustainability.
HHH is the World’s First ETF to Provide Exposure to the Technology Transforming the Global Real Estate Industry.
The process of renting, buying or selling both residential and commercial property can be aided with the use of technology. Real estate transactions historically have tended to be slow and expensive, making the sector ripe for disruption. HHH provides investors with unique exposure to the technology companies streamlining historically inefficient activities such as, property marketing, buying/selling/renting, mortgage origination and underwriting, loan servicing, title insurance, appraisal and settlement, and escrow and closing.
“The real estate industry is on fire, and property technology is adding the fuel,” says
HHH tracks the Prime Real Estate Technology Index (“the Index”), an index of Prime Indexes, a division of
“The relentless advancement of technology has transformed almost every major industry, but the multi-trillion-dollar real estate industry has been virtually untouched, until now,” says
For more information, visit: etfmg.com/HHH.
About ETFMG®
ETFMG is a provider of exchange-traded funds (ETFs), founded in 2014 with a vision of developing innovative thematic ETFs that provide investors unique exposure to new markets. Today, the ETFMG fund line up provides access to a diverse collection of global themes and is comprised of
Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477), or by visiting www.etfmg.com/HHH. Please read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Narrowly focused investments typically exhibit higher volatility. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Investments in smaller companies tend to have limited liquidity and greater price volatility than large capitalization companies.
The Fund is a recently organized investment company with limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision. There can be no assurance that the Fund will grow to or maintain an economically viable size.
The Fund is a recently organized investment company with limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision. There can be no assurance that the Fund will grow to or maintain an economically viable size.
ETF Managers Group LLC is the investment adviser to the Fund.
The Fund is distributed by
The Fund is intended to be made available only to
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deborah@zitopartners.com
Source: ETF Managers Group LLC
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