The M2M (symbol: MTOM), or machine-to-machine, economy is one where the smart, autonomous, networked and economic independent machines or devices act as the participants, carrying on the necessary activities of production, distribution, and allocation with little to no human intervention. It is often referred to as the fourth stage of the industrial revoloution. M2M transforms traditional industries into technology industries. The enabling technologies include five G, cloud computing, artificial intelligence, edge computing, big data, blockchain, quantum computing and, of course, the internet of things.

Question Title

* 1. If an ETF were available that provided broad exposure to all the companies that are focused on the Machine-to-Machine economy, would you be interested in it for your portfolio?

Question Title

* 2. Would you consider an expense ratio of 59 basis points to be a fair fee for this product?

Question Title

* 3. What do you think is an ideal fee for this product?

T