Ocean Capital Advisors is partnering with ETF Managers Group on an AI-driven exchange traded fund (ETF) made up of other ETFs. The new fund, called the Global Climate Change Fund, will be launched in early 2017. The product's portfolio consists of funds with exposure to 39 countries, with the largest allocations being in Brazil, South Korea, Hong Kong and Mexico.
Ocean Capital Advisors is partnering with ETF Managers Group on an AI-driven exchange traded fund (ETF) made up of other ETFs. Investing initially in single-country ETFs, the Rogers AI Global Macro ETF uses AI to provide weightings for each country, which are combined with macroeconomic factors to make economic projections. The product's portfolio consists of funds with exposure to 39 countries, with the largest allocations being in Brazil, South Korea, Hong Kong and Mexico.