NASDAQ : CCAI
$0.01 (0.08%)
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Your Next ETF May Be Picked Entirely By An AI
Three exchange-traded funds registered with the SEC hand the job of choosing stocks to a piece of software. The software is called BAILA, short for Bayesian AI Learning Algorithm, and the firm behind the funds is named, plainly enough, Ai Funds, Inc. The flagship of the three, the High Conviction US Equity AI-Managed ETF, will trade under the ticker HIAI on the Cboe BZX exchange, and its prospectus says the model can move the fund's stock exposure anywhere “between 0% and 100%” depending on what it reads in the market. forbes.com - 2026-06-21 03:20:43 |