Pure-play quantum firms like D-Wave Quantum Inc. NYSE: QBTS and Rigetti Computing NASDAQ: RGTI are in the midst of a second major decline this year after a brief rally in May, so the last thing these companies likely want to face is a more crowded field of competitors.
IQM Quantum Computers is breaking into the U.S. market at a time when federal support for quantum technology has been growing.
It's no secret that tech — and particularly AI and machine learning — are key market drivers right now. Last year saw AI push markets further across segments, with AI showing its potential outside of just generative text functions.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 3,404 | $185,607.08 | $351,871.48 | $166,264.4 | 89.58% |
| CF Cheryl Fluker Members Advisory Group LLC | 196,751 | $22.16M | $20.64M | -$1.52M | -6.86% |
Kristofer Gray Integrity Financial Corp. /WA | 53 | $4,687.85 | $5,558.9 | $871.05 | 18.58% |
Denise Reinert CGC Financial Services, LLC | 18 | $795.97 | $1,872 | $1,076.03 | 135.18% |
Christopher C. Powers Farther Finance Advisors, LLC | 20 | $2,484 | $2,080 | -$404 | -16.26% |
| BATS Exchange | US Country |
The fund focuses on investing in equity securities, primarily in common stocks, of companies that are integral to the theme of intelligent machines. Under normal market conditions, it dedicates at least 80% of its net assets to such investments. While the fund has the flexibility to invest across various economic sectors, there is an expectation of having a significant presence in the technology sector due to its alignment with the fund's investment theme. The fund operates as a non-diversified fund, meaning it may invest a larger portion of its assets in fewer securities, potentially increasing its risk and return potential compared to diversified funds.
Within its investment framework, the fund offers a focused product that adheres to its thematic investment approach:
This product involves the fund directing a majority of its assets into equity securities of companies engaged in the development, production, or implementation of intelligent machines. These companies are anticipated to spearhead advancements in technology and innovation, positioning the fund to potentially benefit from growth within this domain.
While the fund maintains the ability to invest across different sectors, a significant emphasis is placed on technology due to its relevance to the theme of intelligent machines. This approach allows the fund to target investments in sectors that are poised for growth and innovation, providing an opportunity for investors to participate in potential sector-specific advancements and gains.