Sygnia's thriving 4IR fund - 'It delivered 88% returns in dollar terms last year', says Magda Wierzycka

Magda Wierzycka, founder of Sygnia, joined the BizNews Power Hour to discuss the company's Itrix 4th Industrial Revolution global equity ETF. The fund currently has about R2bn in assets under management, with 100% offshore equity. If you were to invest R100 in December 2017, it would be worth R250 just three years later. But should you be concerned about tech stock? Various financial experts are warning that tech stocks are about to explode. Wierzycka says no. 'What people don't understand about the 4IR fund is that the fund has over 380 holdings in it. I think the largest holding in the fund is 2.8%. The 4IR fund invests in many digital themes. It has absolutely everything that underpins 4IR - VR, drones, autonomous vehicles, electric vehicles, genetics and more. There are so many different themes that underpin the fund, that we actually refer to it as a bit of a "market index of disruptive innovation" fund.' Learn more about your ad choices. Visit megaphone.fm/adchoices