Posts tagged AI
Rise of the Machines: Canada's First AI-Run ETF Set to Hit the Market

Portfolio management duties are now being handed over to robots as Canada's first artificial intelligence (AI) exchange-traded fund hits the market on Nov. 1, 2017. Designed by Qraft Technologies, a financial technology firm based in South Korea, the initial framework of the AI programming monitors more than 50 investment metrics.

The Global and Mail (Canada) | Oct 30, 2017

Hyungsik KimETF, AI, MIND, AI ETF, Horizons
Mirae Asset Artificial Intelligence Smart Beta Fund Recorded the Year-to-Date Return of 20%

On Oct 19, 2017, the Mirae Asset AI Smart Beta Fund, which was developed by Qraft Technologies and managed by Mirae Asset Global Investments, recorded a return of 20.18% since the inception of Jan 9, 2017. This is among the best performances of all AI funds launched in Korea.

MK (Korea) | Oct 19, 2017