KraneShares Unveils New AI & Technology ETF
Krane Funds Advisors, LLC introduced the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) on the Nasdaq Stock Market on July 18, 2024.
Launch Highlights
AGIX tracks the Solactive Etna Artificial General Intelligence Index. The Index captures firms developing and applying AI technologies, focusing on hardware, infrastructure, and applications.
Key Categories
The Index prioritizes companies based on a proprietary AI Exposure Score. It includes firms developing semiconductors, data centers, cloud services, and practical AI applications.
Investment Approach
AGIX aims to offer strategic access to the AI value chain, from hardware to practical implementations. It enables investors to participate in the transformative impact of AI.
Leader Statements
Brendan Ahern, CIO of KraneShares, described AGIX as a gateway to the future of AI, emphasizing its potential to add trillions in annual value across various sectors.
Generative AI Impact
Derek Yan, CFA and Senior Strategist at KraneShares, highlighted the investor excitement for generative AI, predicting automation of up to 50% of today’s work activities by 2060.
Fund Constituents
The Index includes companies crucial for AI training and deployment, from semiconductors to cloud services, ensuring comprehensive exposure to the AI ecosystem.
For more information on the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX), please visit https://kraneshares.com/agix/ or consult your financial advisor.
Risk Disclosures and Considerations
Investors should carefully consider the Fund’s objectives, risk factors, and expenses. There are risks in investing, including possible loss of principal. Derivatives may magnify the Fund’s gains or losses.
Liquidity Constraints
The Fund may face liquidity risk, making certain investments difficult to purchase or sell at reasonable times and prices. Large transactions may exacerbate these risks.
IPO and Volatility
Investing in IPOs involves higher volatility and limited information. As the Fund grows, the impact of IPOs on performance may decrease.
For additional details, please refer to the full prospectus at https://kraneshares.com/agix/.
The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), which is not affiliated with Krane Funds Advisors, LLC.
KraneShares is focused on China, Climate, and Uncorrelated Assets, providing innovative, high-conviction strategies.
How HAL149 Can Help Businesses
HAL149 creates custom AI assistants for businesses, enhancing efficiency by automating tasks such as customer service and lead generation. Contact us at https://hal149.com/contacto/ for more information.
