BlackRock ETF Trust iShares A.I. Innovation and Tech Active ETF(AMEX:BAI)

BAI is actively managed and invests at least 80% of its net assets in artificial intelligence (AI), technology, and technology-related companies. It utilizes a proprietary framework to map companies to an AI stack. The fund focuses on AI innovation and seeks to invest in companies that meet revenue or net income thresholds or are projected to be future market leaders in AI technology. It has a global investment approach, including emerging markets, and does not limit itself to any specific market capitalization. The fund may purchase convertible securities, invest in IPOs, and use derivatives to potentially enhance returns, which involves leveraging risk. Additionally, the fund engages in active and frequent trading of portfolio securities. It concentrates its investments in the technology industry.