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KraneShares launches AGIX ETF amid market volatility, betting on robust demand for AI technologies
KraneShares has launched AGIX, an exchange-traded fund (ETF), designed to track companies involved in AI hardware, infrastructure, and applications, despite recent volatility in AI stocks. The ETF, with an annual operating expense of 1%, aims to give investors exposure to the growing AI sector, which KraneShares’ CIO Brandan Ahern believes has the potential to add trillions in value to the global economy. AGIX includes major tech companies like Microsoft, Nvidia, and Apple among its top holdings, positioning it to capitalize on the sustained demand for AI technologies.