Published Date : 03/12/2024
SAN FRANCISO & BOSTON & NEW YORK--(BUSINESS WIRE)--Investors looking to tap into the most disruptive trends that are set to reshape the markets and the world in the coming decades now have a powerful new tool. VistaShares has launched its first ETF the VistaShares Artificial Intelligence Supercycle ETF (NYSE AIS).
The fund is actively managed and is constructed around the firm’s focus on Supercycles™—technology-driven trends that are disrupting various industries. These trends are transforming how we travel, work, and even think. The fund has been designed with the help of leading technology thought leaders to provide investors with robust exposure to the entire Supercycle™, particularly the companies that are the “hidden gems” driving innovation and profits within their respective supply chains.
The fund follows a patent-pending, rules-based methodology that forms the core of the portfolio. The VistaShares Investment Committee is tasked with monitoring the portfolio components, actively adding or removing companies to ensure the ETF reflects the most up-to-date global ecosystem. This approach is designed to provide investors with a rigorous, transparent investment process, leveraging the deep expertise of industry thought leaders who have been instrumental in shaping these industries from their inception.
AIS focuses on the artificial intelligence (AI) supply chain, emphasizing companies whose components are used to build AI data centers and high-performance AI semiconductors. Unlike typical thematic ETFs that often concentrate on the ‘big names’ in the technology sector, this ETF takes a novel ‘bill of materials’ approach. This approach is designed to provide exposure to the robust profit pools of innovative, yet lesser-known growth companies around the world.
“The case for thematic investing is strong, but investors have not been well served by typical thematic ETFs, which often overconcentrate on the ‘big names’ while underexposing them to the companies fostering real innovation,” said Adam Patti, CEO of VistaShares. “We are excited to introduce AIS, which will provide investors with more robust access to these Supercycles for the first time.”
VistaShares has been built to leverage the visionary leadership of top industry leaders who have been at the forefront of these Supercycle™ industries. The firm is led by
- Adam Patti, CEO and Founder of IndexIQ and former Head of Global ETFs for New York Life Investment Management- Jon McNeill, Co-Founder and former President of Tesla- Robert Whitelaw, Chief Investment Strategist and former Chairman of the Finance Department at NYU’s Stern School of Business- Sunny Madra, Advisor to the Investment Committee and President of Supply Chain, Operations, and Go-to-Market of Groq- Dave Nadig, Strategic Advisor and ETF industry luminary
“The approach VistaShares is taking to the thematic space is both novel and exciting,” said Nadig. “In an era of rapidly evolving technologies, tapping into the human expertise behind each industry's growth is crucial for ensuring clear insight into the future.”
“Today marks the first step towards our long-term goal of becoming an ETF industry leader,” added McNeill. “With the launch of AIS, VistaShares is providing investors a vehicle to truly benefit from these innovative Supercycles, driving the next wave of global growth and value.”
For more information and updates from VistaShares, visit www.VistaShares.com and follow the firm on LinkedIn @VistaShares and Twitter @VistaSharesETFs.
About VistaShares
VistaShares ETFs are actively managed to offer Pure Exposure™ to the economic Supercycles™ that are poised for significant growth. Supercycles™ are long-term trends that disrupt current economic models through leading-edge technological advancements shaping our world. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, call (844) 875-2288. Read the prospectus or summary prospectus carefully before investing. Investing involves risk, including possible loss of principal.
Risks include - Artificial Intelligence Risk High research and capital expenditures, competitive space, and rapid obsolescence of products and services.- Equity Market Risk Common stocks are generally riskier than other securities.- Technology Sector Risks The performance of the Fund could be negatively impacted by events affecting the technology sector.- Foreign Securities Risk Investments in non-U.S. issuers involve additional risks.- Index Strategy Risk The Fund’s strategy is linked to an Index maintained by the Index Provider.- New Fund Risk The Fund is a recently organized management investment company with no operating history.
Q: What is the VistaShares Artificial Intelligence Supercycle ETF (AIS)?
A: The VistaShares Artificial Intelligence Supercycle ETF (AIS) is an actively managed ETF launched by VistaShares. It is designed to provide robust exposure to the AI supply chain, focusing on innovative and lesser-known companies that are driving the AI industry.
Q: What is a Supercycle™ and how does it relate to the ETF?
A: A Supercycle™ is a long-term trend that disrupts current economic models through leading-edge technological advancements. The ETF focuses on these Supercycles™ to provide investors with exposure to the most innovative and growth-oriented companies driving these trends.
Q: Who leads the VistaShares investment team?
A: The VistaShares investment team is led by Adam Patti, Jon McNeill, Robert Whitelaw, Sunny Madra, and Dave Nadig, all of whom bring extensive experience and leadership in the technology and financial sectors.
Q: What is the 'bill of materials' approach and how does it benefit investors?
A: The 'bill of materials' approach focuses on companies whose components are used to build AI data centers and high-performance AI semiconductors. This approach provides exposure to the robust profit pools of innovative, yet lesser-known growth companies, offering a more diversified and robust investment strategy.
Q: What are the risks associated with investing in the VistaShares Artificial Intelligence Supercycle ETF?
A: Risks include artificial intelligence risk, equity market risk, technology sector risks, foreign securities risk, index strategy risk, and new fund risk. Investors should carefully consider these risks before investing.