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  5. PNG: When you assess the weightings of your entire portfolio do you typically include ETFs as well as individual stocks or just stocks? [Kraken Robotics Inc.]
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Q: When you assess the weightings of your entire portfolio do you typically include ETFs as well as individual stocks or just stocks? I’m trying to assess if I need to trim any of my assets

Regarding PNG what do you think is a good entry price? Do you see good growth potential? Are there any other good robotics companies that may benefit from AI advancements?

Thank you!
Asked by Mark on September 18, 2025
5i Research Answer:

We would include ETF exposure with a view to the assets held. In other words, if an ETF is 100% equities we would certainly consider it as part of one's equity sector allocation when looking at position sizes of other stocks. We continue to like PNG and its prospects. It is all cashed up now and we would anticipate more contracts. We would be comfortable at $4.00 to $4.10. We have recent comments posted recently on SERV which is another small company in the robotics sector. RR is another small company in the space.