TrueShares Technology, AI & Deep Learning ETF (LRNZ)
ARCA ARCA Primary Summary
LRNZ Chart
LRNZ: AI-Focused ETF With High Risk
TrueShares Technology, AI and Deep Learning ETF, is a concentrated, actively managed ETF targeting AI and deep learning, with heavy exposure to software and IT services. The LRNZ fund has underperformed the XLK benchmark since inception, but outperformed it over the past 12 months, albeit with higher risk. LRNZ's high volatility, deep drawdowns, and weak liquidity make it less attractive compared to larger, more diversified AI ETFs like AIQ.
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TrueShares Technology, AI & Deep Learning ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JF Joshua Frierdich Mid-American Wealth Advisory Group Inc. | 17,134 | $768,887.25 | $1.02M | $246,302.25 | 32.03% |
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TrueShares Technology, AI & Deep Learning ETF Profile
| ARCA Exchange | US Country |
Overview
The described entity is a financial investment fund focusing primarily on technology, artificial intelligence (AI), and deep learning sectors. This fund dedicates at least 80% of its net assets, in addition to any borrowings for investment purposes, to the common stock of companies within these industries. It places a significant emphasis on identifying and investing in both established and emerging players in the tech field, seeing the rapid development and deployment of AI and deep learning technologies as key areas of growth and investment potential. By doing so, the fund aims to achieve above-average capital appreciation and yield dividends for its investors. Despite its focused investment strategy, it is categorized as non-diversified, indicating a potentially higher risk and reward due to the concentration of investments in a specific sector.
Products and Services
- Common Stock Investments in Technology Companies
These are equity investments in public companies that operate within the broader technology sector. This includes, but is not limited to, companies specializing in software, hardware, and tech services. The fund selects companies believed to have strong growth potential or to offer attractive dividend yields.
- Artificial Intelligence and Deep Learning Company Investments
Specific focus is given to companies at the forefront of artificial intelligence and deep learning. This includes startups and established firms that are developing or deploying AI technologies for various applications, such as data analysis, automation, and machine learning. The goal is to invest in companies leading the way in AI innovation and application.
- Small and Medium Capitalized Company Investments
The fund also dedicates portions of its portfolio to smaller and medium-sized companies within the tech sector. The advisory team believes these companies offer unique growth opportunities and potentially higher returns compared to their larger counterparts. This strategy aims to diversify the fund’s investment portfolio and capitalize on the dynamic nature of the tech industry.
