Kanish Chugh

Yeah, and I think the other part is, look, you know, when I think about thematic investing, I personally will say, this is my personal view, invest in what you are interested in.

You know, invest in what you feel is going to make a difference, especially when you're talking about sectors or themes or emerging markets, et cetera.

So, you know, if I'm thinking about,

I really am interested in the idea of robotics and automation.

I really believe in the idea of biotechnology.

Well, then I can target those specific areas within my portfolio.

It's of interest to me.

But they're satellite exposures because we mentioned before, they've got a little bit of inherent volatility in them.

They're long-term.

So, you know, they are complement to what you already have in your portfolio as your core.

Also, I'm looking at an ETF over a single stock because I have no idea...

whether I should buy, you know, whether it's a, um, Daifuku, which is a logistical automation company out of Japan or, you know, Yaskawa or whatever it may be, you know, some of these names I'd never heard of until, you know, we had the robo ETF.

Um,

or even when I was looking at the ACDC ETF or the biotech is a really interesting one because I don't know in that biotech ETF, if I looked at what was the best performer last year, a single stock level and how they've done this year, it's very different.

Um, so I had no idea which ones to pick.

So do I pick the winners or losers?

And we were talking to one of the index managers and they were saying, when I'm buying a theme or I'm buying sector, I don't want to buy the winner or loser.

I want to buy the theme in the sector, which is why they prefer to go down the path of having an index versus having a single stock.

Purely the reason because at least I've got the entire area.

It's of interest to me.