KraneShares Launches AGIX: An Artificial Intelligence & Technology ETF That Provides Investors Exposure to Companies Across the AI Ecosystem
KraneShares Artificial Intelligence & Technology ETF (AGIX)
Company Research
Source: PR Newswire
NEW YORK, July 19, 2024 /PRNewswire/ -- Krane Funds Advisors, LLC ("KraneShares"), an asset management firm known for its global exchange-traded funds (ETFs), launched the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) on the Nasdaq Stock Market (NASDAQ) on July 18th, 2024.AGIX tracks the Solactive Etna Artificial General Intelligence Index, which is designed to capture the performance of companies engaged in developing and applying artificial intelligence technologies. AGIX primarily holds publicly listed global AI companies and has the ability to allocate to private AI companies.The Index focuses on three key categories within the AI sector: hardware, infrastructure, and applications. The Index constituents are selected based on a proprietary AI Exposure Score, which assesses each company's relevance to and readiness for artificial intelligence technology. It includes companies developing semiconductors and data centers crucial for large language models (LLM), f
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