Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE ROBO-STOX LLC
ROBO-STOX™ Global Robotics and Automation Index Empowers Investors to Capitalize on Continuing Growth of Robotics Field
DALLAS, Oct. 22, 2013 /PRNewswire/ -- ROBO-STOX LLC, the world leader in developing investment solutions targeting the robotics and automation space, has launched the ROBO-STOX™ Global Robotics and Automation Index (Bloomberg: ROBO/ROBOTR), the first benchmark index dedicated to this burgeoning industry.
"The growing affordability of robotic productivity gains, coupled with expanding technological capabilities, have moved this sector beyond the 'tipping point,' and the adoption of related technologies across multiple industries should continue to accelerate," said Rob Wilson, Chief Executive Officer of ROBO-STOX. "By introducing the first comprehensive and focused measure of the value of robotics, automation and related technologies, we are giving investors the world's first benchmark by which to track the growing field of robotics."
The Index consists of 77 domestic and foreign robotics and automation companies that meet listing criteria for the S&P DJI Global Broad Market Index. Since pure-play robotics companies are extremely rare, ROBO-STOX evaluates companies across industries, objectives, geographic locations and market capitalizations to find innovative firms that can fuel productivity and economic growth for years to come.
The composite includes a mixture of "bellwether" stocks (securities of companies that the ROBO-STOX Index Committee believes reflect the performance of robotics and automation firms as a whole) and "non-bellwether" stocks (securities of robotics- and automation-related companies the Index Committee believes will generate higher revenue as their products and services grow). The Index is rebalanced on a quarterly basis, and is usually weighted 40 percent toward bellwether stocks and 60 percent toward non-bellwether stocks. Companies can be deleted from the Index at any time at ROBO-STOX's discretion.
"The combination of investment experience and in-depth robotics expertise makes ROBO-STOX uniquely equipped to give investors the truly actionable knowledge they need to fully capitalize on this sector," said Frank Tobe, Co-Founder of ROBO-STOX and Editor of The Robot Report, a robotics news portal tracking the worldwide business of robotics. "The ROBO-STOX Global Robotics and Automation Index provides investors with a cost-efficient and globally diversified investment vehicle that can take advantage of this emerging field as its importance to the worldwide economy continues to increase."
For more information about ROBO-STOX, please contact Brendan McManus at 646-922-7758 or email@example.com.
ROBO-STOX LLC is the creator of the first benchmark index to track the global robotics and automation market. Through the expertise of its leadership team and strategic advisors, ROBO-STOX looks worldwide to find new innovations in the robotics space, from companies of all sizes and verticals, to deliver the growth of robotics to investors - from individuals to institutions.
Headquartered in Dallas, Texas, ROBO-STOX is the recognized leader in developing investment solutions that target the robotics, automation and related technology sectors. To learn more, visit www.robostox.com.
©2012 PR Newswire. All Rights Reserved.