By Jay Jacobs, CFA
Devices around the world are getting smarter. From washer machines to cars, objects are connecting to the internet, making them remotely controllable and able to communicate with other systems on the same network. Check out our infographic on the Internet of Things (IOT), which helps to answer four questions:
- What is the IoT?
- What does the future look like with IoT?
- How big is IoT and what is its potential growth?
- Which types of industries stand to benefit from IoT growth?
This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice and is intended for educational purposes only.
Investing involves risk, including the possible loss of principal. The investable universe of companies in which the Fund may invest may be limited. The Fund invests in securities of companies engaged in Information Technology which can be affected by rapid product obsolescence, and intense industry competition. In addition to normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. The fund is non-diversified which represents a heightened risk to investors.
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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.