Kanish Chugh

I bought it from Aldi.

I didn't buy it from sort of iRobot, but I've got one of those.

It sits at home.

I use it occasionally and it knows and starting to become smarter.

It knows the messy areas to go, etc.

But that's the sort of idea that I've already got that in place, but we don't have it completely infiltrating every part of our life.

Now, robotics and automation, it's always been around.

in the manufacturing area for the past 30, 40 years.

So we've seen that, and we've actually seen an increase because of COVID.

There's been this bigger adoption of logistical automation and manufacturing automation because there's been restrictions on people moving around, et cetera.

But what we haven't seen is in healthcare.

Now, COVID's, again, accelerated a lot of this, or we're now seeing it in the consumer space.

I said robotic vacuum cleaners, but that's just one of many different areas that you can use.

artificial intelligence, automation or robotics.

So it's going to be something that's going to be with us for decades to come.

So in my view, am I just buying into what is going to be a larger industry down the line?

And then that's where I believe that sort of mega trend exists.

Yeah, so I think with that, you've got to look at it from two angles.

So when I'm creating a portfolio, if I'm talking to advisors and they're looking at a portfolio, they're looking at it with a strategic asset allocation and they're saying, so this is how my core and this is my satellite.

And in theory, some of these sectors, some of these thematics could fit into that SAA, that strategic asset allocation view because they're long-term.