9/24/2023 0 Comments Yumy![]() ![]() What are the benefits and risks of investing in this space?.How does Future of Food differ from a typical agribusiness ETF?.Are food technology, precision agriculture and agricultural sustainability new to the agriculture and food sectors?.What is food technology, precision agriculture and agricultural sustainability?.In this Q&A, we answer frequently asked questions related to the core concepts, thematics and fund offerings of VanEck’s Future of Food ETF. VanEck Future of Food ETF (YUMY) is an actively-managed ETF investing in companies that are leading, enabling, supplying, disrupting and benefiting from new environmentally sustainable agriculture and food products and services. Likewise, consumers and investors have become increasingly aware of agriculture’s outsized contributions to greenhouse gas emissions and the collective need to combat climate change head-on. ![]() The company’s valuation is based on investor demand and competitors, such as SmartSweets which is still early in its growth cycle and achieved a $400 million valuation.Agriculture and food markets have faced considerable headwinds over the last year amid heightened geopolitical turmoil and record prices in fertilizers and grains, sparking concerns over the long-term sustainability of our current food systems, globally. Further, its model of targeting affordable health food is another outlet which separates it from other companies, making us very desirable to invest in. Due to the amount of consumer demand, growth in this sector and lack of investment opportunities in the healthy confectionery space, the company has become a focus of the investment community. “We were substantially oversubscribed in all of our financing rounds and we’re the only healthy confectionery company investors can invest in. Here’s the full response from Williams and the Yumy Bear team: The CPG industry has quickly called out Yumy Bear’s high valuation upon its upcoming IPO, which represents a 50x multiple, after this article was published. Yumy Bears expects its sales to hit $1 million by year-end, and further grow to reach $5 million in 2022 after expanding to multiple markets. “I think the buzz around the IPO will attract additional investors that will allow us to continue our expansion and aggressive growth strategy.” ![]() ![]() “We are currently the only healthy gummy company the public can invest in,” she said, “We have seen a huge buzz around other plant-based food sectors, and I think we’ll start to see a new trend established with other low-sugar and vegan confectionery companies coming to the public market. The candy company has previously raised $2.5 million in an oversubscribed round at a $30 million market cap, which Williams believes represents the investor hype around the vegan food in general. “Yumy Bears don’t get stuck in your teeth,” she added, “and having that animal welfare and sustainable factor is really important to us.” ![]()
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