SAN FRANCISCO & BOSTON & NEW YORK--(BUSINESS WIRE)--Investors seeking exposure to the most disruptive trends poised to reshape the markets, if not the world, in the decades to come have a powerful new tool today as VistaShares has launched its first ETF: the VistaShares Artificial Intelligence Supercycle ETF (NYSE: AIS).
The fund is actively managed, and constructed around the firm’s focus on Supercycles™: technology-driven trends that are spurring disruption across a range of industries, and which are upending everything from how we travel to how we work and even how we think.
The fund has been designed with the help of leading technology thought leaders to provide investors with robust exposure to the full Supercycle™, namely 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 underpins the core of the portfolio. Meanwhile, 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. The approach is designed to provide investors with a rigorous, transparent investment process, while benefiting from the deep subject matter experience of industry thought leaders who have helped shape these industries from their inception.
AIS, focused on the artificial intelligence supply chain, emphasizes companies whose components are used to build A.I. data centers and high performance A.I. semiconductors, not just consumer-facing applications offered by the largest technology companies in the world and likely already represented in investor portfolios. This novel “bill of materials” approach to portfolio construction 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 obvious but to this point investors have not been well served by the typical thematic ETF, which is too often marked by overconcentration in the ‘big names’ tied to a particular trend and underexposure. Sometimes, investors have no exposure to the companies that are fostering real innovation, and which will be a themes’ driving force for decades to come,” said Adam Patti, CEO of VistaShares. “It is well past time to fix this problem in thematic investing and we’re thrilled to be introducing AIS, bringing investors more robust access to these Supercycles for the first time.”
As was shared in a news release on November 19th, VistaShares has been built to leverage the visionary leadership of top industry leaders who have personally powered the development and direction of these Supercycle™ industries from their earliest days, and who are now applying that knowledge to the firm’s ETFs.
In addition to Patti, who was the Founder & CEO of IndexIQ and former Head of Global ETFs for New York Life Investment Management, VistaShares is led by:
- Co-Founder Jon McNeill (co-founder, DVx Ventures, former President of Tesla);
- Chief Investment Strategist Robert Whitelaw (former Chairman of the Finance Department at NYU’s Stern School of Business and Dean of the Undergraduate College);
- Advisor to the Investment Committee Sunny Madra (President of Supply Chain, Operations, and Go-to-Market of Groq, and former CEO of Definitive Intelligence);
- Strategic Advisor Dave Nadig, ETF industry luminary and financial futurist.
“The approach VistaShares is taking to the ‘thematic’ space is both novel and exciting,” said Nadig. “With rapidly evolving technologies responding to an unpredictable world, tapping into the human expertise behind each industry's growth is the only way to ensure clear eyes on the future.”
“Today marks the first step towards our long-term goal of building an ETF industry leader,” added McNeill. “Starting with Artificial Intelligence, VistaShares has created a vehicle for investors to truly reap the benefits of these innovative Supercycles driving the next wave of growth across the globe, while providing value for decades to come.”
For more information and updates from VistaShares, which regularly produces compelling research on disruptive technology trends, please visit www.VistaShares.com and follow the firm on Linkedin @VistaShares, and on X @VistaSharesETFs.
About VistaShares
VistaShares ETFs are actively managed to offer Pure Exposure™ to the economic Supercycles™ that we believe 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, please call (844) 875-2288. Read the prospectus or summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights.
Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers.
Technology Sector Risks. The Fund will invest substantially in companies in the technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments.
Foreign Securities Risk. Investments in securities or other instruments of non-U.S. issuers involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies.
Index Strategy Risk. The Fund’s strategy is linked to an Index maintained by the Index Provider that exercises complete control over the Index.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have an extensive track record or history on which to base their investment decisions.
Foreside Fund Services, LLC, distributor.
