Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:ETF Newcomer Passes $100MM In AUM Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 15, 2019

ETF Newcomer Passes $100MM In AUM

Reported by InvestmentWires Staff, 

Less than a year after launching its first ETF, Defiance ETFs [profile] has passed $100 million in assets under management.

Defiance founder and CEO Matthew Bielski tells MFWire , "I think it's a major milestone for a company with 100-percent organic growth." Speaking about the direction of the company, he says, "We expect to really grow rapidly within the next 12 months."

The New York City-based ETF provider singularly focuses on disruptive sectors within the world of technology. Bielski attributes some of the company’s success to that coupled with Defiance's low costs, saying that the company "gives advisors the best and most cost-effective tools to access these sectors." Through Defiance, Bielski aims to provide ETFs for the next generation of investors.

At the moment, Defiance offers three funds: the Defiance Quantum ETF (QTUM), the Defiance Next Gen Connectivity ETF (FIVG), and the Defiance NextGen Video Gaming ETF (VIDG). According to Bielski, the 5G ETF and Quantum Computing ETF are each the first of their kind.

What does the future hold for Defiance ETFs? A lot, says Bielski. "Defiance is looking to disrupt the entire asset management business by offering products at the lowest cost possible. We're looking to build a massive ETF platform to compete directly against BlackRock and the biggest players in the world."  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use