Ryan Jacob, a legendary tech investor, has launched a new ETF that targets 'forward-thinking' companies and taps into demand for thematic investments

Ryan Jacob's asset management company is seeking to capitalize on the thematic investing boom by actively managing an ETF.

Jacob Forward ETF invests in "innovative and forward-thinking" tech businesses.

Jacob began his career in tech investing during the bubble. In December 1999, Jacob launched the Jacob Internet Fund.

Ryan Jacob's asset management company launched Wednesday an actively managed ETF to capitalize on the boom in thematic investing.

According to the announcement, the Jacob Forward ETF will be investing in "innovative and forward-thinking" tech businesses. The idea is that technological advantages can drive "superior long-term growth."

Jacob began his career investing in tech companies during the dot-com bubble burst. He launched the Jacob Internet Fund in December 1999 just months before the market crashed. The fund gained 24% in March 2000 but then the bottom fell out, sending it plummeting 87% at the beginning of 2001.

Jacob persevered and his fund slowly recovered. After a sudden rise during the pandemics, the internet fund has returned to pre-dot.com bust levels and gained 528% since 2001. The fund has seen a 20.3% increase in its performance year-to-date.