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MINNEAPOLIS, July 23, 2018 (GLOBE NEWSWIRE) -- Loup Ventures, LLC announced today it has licensed the Loup Frontier Tech Index to Innovator Capital Management, LLC as the basis for their upcoming listing of the Innovator Loup Frontier Tech ETF on the NYSE Arca.
The Loup Frontier Tech Index is a rules-based index designed to track the performance of leading, publicly-traded companies that are influencing the future of technology in areas including, but not limited to, artificial intelligence (AI), robotics, autonomous vehicles, computer perception, virtual/mixed/augmented reality, and other similarly disruptive innovations.
Major technology shifts tend to happen every 10-15 years. There was the PC in the 80s, the Internet in the 90s, and the smartphone in the mid-2000s. The next major shift is likely to take the form of multiple new technologies combining to build on the three previous revolutions. The Loup Frontier Tech Index focuses on those technologies deemed most likely to form the next wave of disruption in consumer and enterprise businesses over the next several decades.
“The Loup Frontier Tech Index encompasses a broad range of technology themes that we believe will collectively lead the next major technological revolution,” said Gene Munster, Managing Partner at Loup Ventures. “Our research-driven approach and exposure to early-stage technology companies give us confidence in our ability to identify trends before the wider market.”
“The Loup Frontier Tech Index spans across fast-growing frontier technology themes yielding exposure to highly disruptive companies that are under-represented or overlooked in most traditional technology indexes,” said Bruce Bond, Chief Executive Officer of Innovator Capital Management. “We are proud to be partnering with Gene Munster and the authoritative frontier technology research team at Loup Ventures.”
About Loup Ventures, LLC
Loup Ventures is a research-driven venture capital firm with offices in Minneapolis and New York. The firm invests in frontier tech companies leveraging artificial intelligence (AI), machine learning, robotics, autonomous vehicles, neurotechnology, and virtual/mixed/augmented reality. Loup Ventures was founded by Gene Munster, Doug Clinton, and Andrew Murphy, former sell-side equity analysts at Piper Jaffray. The team covered the Internet space together and was known for its coverage of Apple, Amazon, and Facebook, among other names. In 2016, the team was ranked as high as #1 overall by TipRanks, an independent investment analyst ranking platform. loupventures.com
About Innovator Capital Management, LLC
Innovator Capital Management, LLC is an SEC registered investment advisor (RIA) based in Wheaton, IL. Formed in 2014, the firm is currently headed by ETF visionaries Bruce Bond and John Southard, founders of one of the largest ETF providers in the world. Innovation is our hallmark and acts as a guide to our company principles. Innovator is committed to helping investors better control their financial outcomes by providing investment opportunities they never considered or thought possible. www.innovatoretfs.com