KROP - VanEck launches YUMY a new agri-food tech and innovation ETF

VanEck has announced the launch of the VanEck Future of Food ETF (NYSEARCA:YUMY), which will offer market participants with U.S. and international exposure to equities involved in the agri-food technology and innovation space. VanEck believes that the agriculture and food sectors are in the early aspects of what may become a multi-decade industry transformation. YUMY intends to capitalize on this shift by investing in businesses that are leading, enabling, supplying, disrupting, or benefiting from sustainable agriculture products and services. Shawn Reynolds, Portfolio Manager at VanEck, stated in reference to the launch: “The growing global population and the concurrent threats from climate change are driving the need for more sustainable agri-food processes and technologies in order to provide for a future with more affordable, nutritious and safe food for all.”  From a holdings vantage point, YUMY has 49 unique holdings led by Oatly Group (NASDAQ:OTLY) at 4.71%, Corteva (NYSE:CTVA) at 4.5%, and

For further details see:

VanEck launches YUMY, a new agri-food tech and innovation ETF