Hi Friends,
I added a new position to my portfolio - Direxion Moonshot Innovators ETF, ticker MOON:
This is a relatively new fund, and its net assets are only $220 million. The fund is a stock fund that invests in companies that pursue innovative technologies that have the potential to disrupt existing technologies or industries.
I think space exploration and space-related tech companies will do well in the coming years, or at least their stocks will do well - probably not much of a money making business. I couldn't find an ETF that was focused fully on space so this was a compromise that I think has potential.
We shall see. Looks like their two biggest positions that make up 10% of the fund each are MVIS and VUZI if you wanted to bypass the ETF and go straight to the source.
Thanks for coming by,
Brian