Now You Can Invest Your IRA in a 3D Printing Mutual Fund
As we covered in our 3D Printing Year in Review 2013, 3D printing stocks grew more than 350% last year, wildly beating the S&P500 and the Dow Jones Industrial Average.
It’s no wonder then that firms are looking to capitalize on investment interest in the 3D printing sector.
Outlook Funds Trust announced the launch of the 3D Printing and Technology Fund, the Trusts inaugural fund and the first-ever mutual fund covering 3D Printing and Additive Manufacturing.
The Fund is managed by 3D Printing Fund Advisers, LLC, with Alan M. Meckler serving as Senior Portfolio Manager and John M. Meckler as Co-Manager and Chief Compliance Officer.
According to the fund’s website, its investment strategy is as follows:
The Fund will invest in equity securities issued by U.S. and non-U.S. 3D printing and technology companies. “3D Printing”, or “additive manufacturing”, produces three-dimensional objects from digital models. 3D Printing and technology companies include, among others, those in the manufacturing, biotech, computer software and hardware industries. In selecting securities for the Fund, the Adviser uses a “top down” approach to create a universe of securities in which the Fund may invest. The Adviser then employs a research oriented “bottom-up” investment approach to create the Fund’s investment portfolio, focusing on company fundamentals and growth prospects when selecting securities.
In a statement, the fund managers elaborated that 3D printing companies in their fund service many sectors, including automotive, aerospace, military/defense, dental, medical, bioprinting, fashion, footwear, jewelry, eyewear, education, geographic information systems and food products.
The initial offering is available currently in one class -Institutional (TDPIX) — and the minimum investment is $2,500.
Editor’s note: Alan Meckler is Chairman of Mediabistro, the company that runs the Inside 3D Printing conferences and a media partner of On 3D Printing.