Meta etf stock price target12/30/2023 ![]() “Considering the amount of opportunity untouched within this market, we see the term ‘meta’-anything disproportionately associated with overpowering companies like Facebook,” said Cooper. Questioning the integrity of the status quo The whole point of Subversive is to identify new investment opportunities which are not dominated by the giants of the sector. The ETF has been deliberately launched as a play on the expansion of the metaverse, but away from the fortunes of Facebook/Meta itself. ![]() With our backgrounds and history of successful early-stage investments in disruptive emerging companies and industries, we’re excited to bring this unique investment option to the market.” “While still in the early stage of development, there are already a compelling variety of companies that have established themselves as leaders within the Metaverse today, and we believe there is much to gain as this industry evolves. “Subversive Capital prides itself on identifying opportunities, particularly in emerging sectors and themes, that provide our shareholders with exposure to disruptive and rapidly growing industries,” said Auerbach. The PUNK Fund has a 0.75% management fee. Companies selected for inclusion in the PUNK Fund’s portfolio will be engaged in the experience, discovery, creator economy, spatial computing, decentralisation, human interface, and/or infrastructure aspects of the Metaverse. ![]() The PUNK Fund seeks to achieve long-term capital appreciation by investing in globally-listed equity securities of companies that provide services and products that support the infrastructure and applications of the Metaverse. Cooper will act as the ETF’s portfolio manager. The advisor is managed by Subversive’s founder, Michael Auerbach, and Christian H. PUNK, which is expected to begin trading this week, is an actively managed exchange-traded fund – this means it is not simply following a passive index, but fees will also tend to be higher (0.75% in this case). Wondering how to get exposure to the Metaverse but not convinced about the future of Meta Platforms (aka Facebook)? You may be interested to know that Subversive Capital Advisor, a recently established registered investment advisor in the US, which is primarily focused on different mission-driven emerging sectors, has launched its first ETF – Subversive Metaverse ETF (PUNK) on the Cboe BZX Exchange.
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