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About TCW Artificial Intelligence ETF
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Inception date
May 6, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
TCW Investment Management Co. LLC
ISIN
US29287L5021
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.
Classification
Returns
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Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks97.16%
Electronic Technology41.40%
Technology Services38.02%
Producer Manufacturing9.69%
Retail Trade5.23%
Consumer Durables2.82%
Bonds, Cash & Other2.84%
Cash2.84%
Stock breakdown by region
North America85.06%
Europe7.86%
Middle East4.19%
Asia2.89%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AIFD invests in stocks. The fund's major sectors are Electronic Technology, with 41.40% stocks, and Technology Services, with 38.02% of the basket. The assets are mostly located in the North America region.
AIFD top holdings are NVIDIA Corporation and Arista Networks, Inc., occupying 9.02% and 6.85% of the portfolio correspondingly.
AIFD assets under management is 69.05 M USD. It's risen 2.60% over the last month.
AIFD fund flows account for 2.50 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, AIFD doesn't pay dividends to its holders.
AIFD shares are issued by The TCW Group, Inc. under the brand TCW. The ETF was launched on May 6, 2024, and its management style is Active.
AIFD expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
AIFD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AIFD invests in stocks.
AIFD price has risen by 1.89% over the last month, and its yearly performance shows a 31.92% increase. See more dynamics on AIFD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.75% over the last month, showed a 12.79% increase in three-month performance and has increased by 23.49% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.75% over the last month, showed a 12.79% increase in three-month performance and has increased by 23.49% in a year.
AIFD trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.