Scratch the itch, but manage the risk. :) B
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Posted On: 05/15/2018 3:44:09 PM
Scratch the itch, but manage the risk. 
Quote:
BLCN Fund Description
BLCN tracks an index of global companies involved in developing, researching, or using blockchain technologies.
BLCN Factset Analytics Insight
BLCN is one of the first ETFs to focus on blockchain technology. The fund tracks an index of global companies committed to blockchain development. Although not an active fund, the index committee has wide discretion in determining which companies are eligible for inclusion.
The main criteria used to evaluate a companys eligibility is the level of material resources it has committed to researching, developing, supporting, and expanding the use of blockchain technology. All criteria are eventually rolled up to form the BlockChain Score.
The index includes the 50-100 highest scoring companies, giving higher weight to companies with a higher BlockChain Score. Because blockchain technology has use cases across varying industries, BLCN could have exposure to multiple sectors and industries.
For a niche fund, BLCN charges a fair price.
www.etf.com/BLCN
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