New Investments and Products for Retirement (June 12 2018)

Amplify Investments launched the Amplify Advanced Battery Metals and Materials ETF (BATT). BATT seeks to provide exposure to lithium, cobalt, nickel, manganese and graphite via publicly-traded stocks. Companies in the portfolio are principally engaged in the business of mining, exploration, production, development, processing or recycling of advanced battery metals and materials, and which seek to expand beyond lithium and plans to invest in activities including mining and recycling.

According to Scott Lummer, the CEO of Savant Investment Group, BATT's focus on battery production will give it high growth potential, as the uses for battery power will continually be expanding. "However, along with growth potential will also be a high degree of volatility," he says. "Stocks in the fund will likely have an above average price-earnings ratio, so they will fall precipitously if they fail to meet their growth targets."

EquBot has launched the AI Powered International Equity ETF (AIIQ). The underlying fund investments in AIIQ are based on the results of proprietary quantitative models developed by EquBot with IBM Watson artificial intelligence.

AIIQ's reliance on Watson-based AI is an interesting angle, but hardly unique, says Lummer. "Many investment managers use some type of AI, so the question isn't whether AI is valuable, but is their combination of AI and human interaction is better than any others," he says. "One interesting note is a supposed benefit of AI is lower cost, and yet this fund has a relatively high expense ratio."

The expense ratio is 0.79%.

O'Shares ETF Investments has launched the O'Shares Global Internet Giants ETF (OGIG), which tracks 52 of the largest e-commerce and internet companies globally. The O'Shares Global Internet Giants ETF tracks the quality and growth of companies such as Alibaba BABA, Amazon AMZN, Facebook FB and Alphabet GOOGL. SmartBrief/ETF

OGIG is investing in the global companies that have been among the most volatile and actively traded in the world, says Lummer. "It's difficult to see how this fund differs in strategy from the multitude of other technology funds," he says. "One advantage is its relatively low expense ratio. But the risk of allocating a large portion of a portfolio to any sector, particularly a risky one, cannot be overstated."

The total annual fund operating expenses are 0.48%.

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