Learn to Invest in Deep Learning AI

With the tech sector soaring to seemingly astronomical heights, a key driver appears to be artificial intelligence (AI).

AI technology is still new and exciting, with expectations of its growth continuing to rise, leaving many investors wanting a piece of the profit pie. Let me introduce a fund that can offer investors exposure to this tempting opportunity.

Enter the TrueShares Technology, AI & Deep Learning ETF (LRNZ). LRNZ is an actively managed, concentrated portfolio of global stocks centered around the development and utilization of artificial intelligence and deep learning technologies. The fund holds 20-30 mostly large-cap stocks at a time, all of which either derive at least half of their revenue from, or are seen to have a competitive advantage in, AI technologies.

The fund’s stocks are sorted into one of three categories. The first, secular growth, consists of stocks the fund managers use as a buy-and-hold strategy. This category is expected to have the greatest number of holdings. The second, cyclical growth businesses, are monitored to identify shares that ideally can be bought at the bottom of a cycle and sold at their peak. Finally, there are initial public offering positions, which are built over several months following an IPO.

LRNZ contains primarily U.S. stocks, which consist of more than 99% of its holdings. Over 72% of its assets are in technology services, with additional smaller holdings in electronics, health technology and retail trade. Top current holdings include NVIDIA Corp (NDVA), Advanced Micro Devices, Inc. (AMD), Snowflake, Inc. (SNOW), Schrodinger, Inc. (SDGR), Mobileye Global, Inc. (MBLY), SentinelOne, Inc. (S) and Samsara, Inc. (IOT).

Chart courtesy of StockCharts.com.

As of May 29, LRNZ is up 20.19% in the last month, 16.78% in the past three months and an astonishing 32.68% year to date (YTD). The fund also boasts a current expense ratio of 0.69%.

While this window into the world of AI investing is exciting, it’s always important to consider your personal financial situation and goals before making any investment. Investors are always encouraged to do their due diligence before adding any stock or ETF to their portfolios.

As always, I am happy to answer any of your questions about ETFs, so do not hesitate to send me an email. You may just see your question answered in a future ETF Talk.

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