Bet on the Future with Drone, Gaming ETFs

Investors seeking to dive headfirst into the drone economy now have a dedicated vehicle in the PureFunds Drone Economy Strategy ETF (IFLY) - Get Report , said Andrew Chanin, CEO of PureFunds. 'The IFLY is the first ETF providing access to companies designing, manufacturing, and researching drones and drone technology,' said Chanin. 'It's early days, but we have been seeing a lot of demand for investment in this industry.' Chanin points out that the Federal Aviation Administration predicts that by 2020, there will be 7 million registered drones in the U.S.. He said drones represent an industry that is disrupting most sectors of the economy such as defense, agriculture and  transportation. In his view, some of the positive uses for drones include ambulance assistance, wildlife protection, mosquito spraying, search and rescue operations and in the future maybe even space exploration. Holdings in the IFLY include AeroVironment (AVAV) - Get Report  at 12.3 percent of assets, Parrot SA at 9 percent, Boeing (BA) - Get Report  at 4.5 percent, and GoPro (GPRO) - Get Report  at 3.7 percent.