All Funds

BIKR

Rogers AI Global Macro ETF

The Board of Trustees of the ETF Managers Trust has decided to close the Rogers AI Global Macro ETF (BIKR) based on an ongoing review of market demand. Effective immediately, BIKR will increase its cash holdings in contemplation of liquidation, will no longer accept creation orders, and will no longer seek to track the Fund’s underlying index.
Trading will be suspended on the NYSE Arca at the closing of the market on July 12, 2019. Proceeds of the liquidation are scheduled to be sent to shareholders on or before July 17, 2019.

About BIKR

  • First of its kind passive ETF to utilize Artificial Intelligence operating both on a global and unrestricted scale
  • BIKR uses AI to gather and analyze mass quantities of data and completely reveals its processes that determine every investment recommendation
  • Combines the capabilities of AI with the multi-decade expertise of Jim Rogers and financial professionals into a symbiotic relationship

The Rogers AI Global Macro ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Rogers AI Global Macro Index.

Artificial Intelligence (AI) ETF that leverages the capabilities of AI to extend the expertise of Jim Rogers to find, track and project lead indicators. BIKR AI is not a “Blackbox,” all of the AI investment decisions are traceable and provable.

About The Index

The Index tracks the performance of U.S.- listed single-country ETFs that each track a broad-based index composed of equity securities primarily listed on an exchange in the applicable country. Additionally, the Index will include an allocation to an ETF tracking the 1-3 year U.S. Treasury Bond market, which will be added to at times when the investment model determines to reduce or eliminate exposure to a country. From time to time, the Index may be significantly allocated to the Treasury ETF. The Index is rebalanced monthly and each country weight is capped at 10% at the time of rebalance.

The Power of BIKR AI

The allocation of each single-country ETF in the Index is based on a proprietary artificial intelligence-driven algorithm that analyzes macroeconomic data (e.g., volatility, interest rates, productivity, gross national product) monthly to identify likely changes in market directions in individual countries and within the global economy. The algorithm uses objective data to calculate the magnitude and probability of such market movements over an approximately 18-month period, while also seeking to identify any “micro-cycles” that might develop in shorter time periods, to determine the optimal investment allocations.

Related Funds
Fund Summary
Fund Inception
6/21/2018
Ticker
BIKR
CUSIP
26924G797
ISIN
US26924G7979
Stock Exchange
NYSE ARCA
Expense Ratio 1
0.75%
Security Lending Income 2
0.15
Intraday NAV (IIV)
BIKR.IV
NAV Symbol
BIKR.NV
Rebalance Frequency
Monthly
Index Provider
Ocean Capital Advisors LLC
No. of Holdings 3
Index Ticker
BIKRTR
Fund Documents

Fund Prices

Last Updated 7/22/2019

Fund Name

Rogers AI Global Macro ETF

Symbol

BIKR

NAV

25.01

Market Price Changes

0.00

Market Price Close

24.97

Nav Price Change

0.00

Premium/Discount(%)

-0.17


Month End Performance

Last Updated 06/30/2019

NAV% Market Value%
Cumulative    
1 Month 4.86 4.90
3 Months 3.84 3.77
6 Months 8.81 8.86
YTD 8.81 8.86
Since Inception Cumulative 2.20 2.09
Annual    
1 Year 2.97 2.70
3 Year - -
5 Year - -
Since Inception Annualized 2.20 2.09

Quarter End Performance

Last Updated 6//30/2019

NAV% Market Value%
Cumulative    
1 Month 4.86 4.90
3 Months 3.84 3.77
6 Months 8.81 8.86
YTD 8.81 8.86
Since Inception Cumulative 2.20 2.09
Annual    
1 Year 2.97 2.70
3 Year - -
5 Year - -
Since Inception Annualized 2.20 2.09

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).


Top 10 Holdings

Last Updated 7/22/2019

Name % Total Assets Ticker Shares Held Market Value USD

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

Premium Discount Chart
Related Funds
Fund Summary
Fund Inception
6/21/2018
Ticker
BIKR
CUSIP
26924G797
ISIN
US26924G7979
Stock Exchange
NYSE ARCA
Expense Ratio 1
0.75%
Security Lending Income 2
0.15
Intraday NAV (IIV)
BIKR.IV
NAV Symbol
BIKR.NV
Rebalance Frequency
Monthly
Index Provider
Ocean Capital Advisors LLC
No. of Holdings 3
Index Ticker
BIKRTR
Fund Documents

Need to know more about this fund?

Contact us

Are you a subject matter expert on this topic?

Let's talk

Get email alerts for all news related to BIKR