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About EVOLVE ARTIFICIAL INTELLIGENCE FUND UNITS ETF CAD HDG
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Inception date
Mar 22, 2024
The fund employs a proprietary language model to target securities likely to gain from increased AI adoption. The platform identifies equity and equity-related securities from developed markets positively impacted by AI through direct product sales or improved cost efficiency. The model processes large datasets from various text sources, adapting over time to identify issuers, changes in market sentiment, technological advancements, and emerging applications. The technology is monitored, assigning each company an applicability score from 0 to 1. The portfolio manager uses and adjusts the portfolio based on the generated data. The portfolio may include companies directly involved in AI development and those with business models/operations enhanced by AI. As an actively managed fund, the portfolio manager has full discretion over any investment decision at any time. The AI technology and its provider does not make investment decisions on behalf of the fund.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stock breakdown by region