First 3D Printing Mutual Fund Launches

RAPID

Share this Article

Over the last 24 months we have seen stocks of companies involved in 3D printing soar. We have seen companies like 3D Systems (DDD) gain close to 500% , and Stratasys (SSYS) gain close to 400% in the last two years. Initial public offerings for companies like Exone (XONE) have also been extremely successful. Clearly, investors have been gobbling up anything 3D printer related within the stock market.

mutual-fund2Up until today, there was no reliable way to diversify one’s 3D printer stock holdings, without having to buy shares individually within several companies. That has all changed. Today the first mutal fund devoted to additive manufacturing and 3D printing was launched by Outlook Funds trust. The fund will be managed by 3D Printing Fund Advisers, LLC, with John M. Meckler as Co-Manager and Chief Compliance Officer, and Alan M. Meckler serving as Senior Portfolio Manager.

3D Printing has evolved into a major industry. Start-ups and large corporations are behind the ongoing paradigm shift in manufacturing for both industry and personal use, and this change has produced a perfect climate to launch a fund that provides a convenient method for investors to participate in the growth of 3D Printing, said Alan M. Meckler.

The fund will trade under the ticker symbol TDPIX, and have a minimum investment of $2,500, with no minimum subsequent investment. The expense limitation will be 1.25%, and they intend to distribute theit net-realized capital gains on an annual basis every December. They will seek to invest at least 80% of all funds into both United States based and worldwide 3D printing companies. A “3D printing company” is defined in the prospectus as, “an entity in which at least 50% of the company’s revenues or earnings were derived from the development or distribution of the equipment and materials used in additive manufacturing or at least 50% of the company’s assets were devoted to such activities, based upon the company’s most recent fiscal year.”

The entire prospectus of the fund can be viewed here. For more information goto the mutual fund’s website, 3DPFund.com.

Discuss the mutual fund in more detail at:  https://3dprintboard.com/showthread.php?1574-3D-Printing-Mutal-Fund-Has-launched

Share this Article


Recent News

3D Printing News Briefs, May 18, 2024: Sustainability, Mass Spectrometry, & More

3D Printing Financials: Velo3D Sees Better Q1 2024 After Difficult Last Quarter



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Printing Money Episode 17: Recent 3D Printing Deals, with Alex Kingsbury

Printing Money is back with Episode 17!  Our host, NewCap Partners‘ Danny Piper, is joined by Alex Kingsbury for this episode, so you can prepare yourself for smart coverage laced...

Featured

Insights from Cantor Fitzgerald on AM’s Q1 2024 Landscape

A recent survey by Cantor Fitzgerald sheds light on the persistent challenges within the additive manufacturing (AM) industry in the first quarter of 2024. Based on responses from 38 industry...

3D Printing Financials: Xometry’s Scaling up and Strong Start to 2024

Xometry (Nasdaq: XMTR) kicked off 2024 with strong results, boosting its marketplace and technology to new heights. Both revenue and gross margin soared, fueled by an expanding global network of...

3D Printing Financials: Desktop Metal Targets Recovery Amid Net Losses and Revenue Downturn

Despite facing a decline in revenue and the persistent challenges of a tight economic climate, Desktop Metal (NYSE: DM) is making strides toward operational efficiency. The first quarter of 2024...