AIFD

AIFD actively invests in US and foreign companies that benefit from the use of artificial intelligence. These companies focus on predictive or generative AI, including foundational technology, AI systems, and AI adopters to widen a competitive moat, increase growth rate, improve margin structure, or enhance capital allocation. The fund primarily, but not exclusively, selects those with growth characteristics as identified using bottom-up fundamental research combined with qualitative and quantitative screening criteria. A proprietary framework incorporating fundamental analysis with quantitative and thematic data is utilized. The adviser also evaluates financially material ESG and other risk factors to assess value and potential risks. The final portfolio comprises approximately 25 to 60 companies, all with strong, disruptive, and enduring business models. On May 6, 2024, the fund converted from a mutual fund to an ETF structure starting with $61.2 million in assets.