Janus Henderson Global Artificial Intelligence ETF(NASDAQ:JHAI)

JHAI seeks to invest in companies involved with artificial intelligence (AI) technologies. AI refers broadly to machine capabilities that mimic human intelligence, and companies related to AI are classified by the fund as enablers (providing foundational hardware and infrastructure), enhancers (improving AI technology), or end-users (using AI in their operations). The funds management uses a proprietary research process, combining quantitative and qualitative analysis, to identify suitable companies. Typically, the fund invests in 4060 equities of any size or sector and at least 40% of its assets are in non-U.S. companies, with a cap of 20% in emerging markets and foreign securities limited to U.S.-listed shares or depositary receipts. The Fund is actively managed, non-diversified (allowing larger single issuer positions), and concentrates at least 25% of assets in information technology-related industries.