Retail broker eToro has launched a new AI-powered portfolio, InvestorAI-US, which provides investors with exposure to 12 high growth US companies. The new offering is developed in partnership with UK fintech Bridgeweave.
The official announcement details that Bridgeweave’s proprietary technology is used to identify high-growth stocks and analyse their historical performance in order to offer investors access to 12 stocks with a robust capital structure, consistent yearly growth and positive price momentum. The portfolio is rebalanced every month to meet the ensure it meets this criteria.
eToro said:
With AI taking care of the selection process, users will gain exposure to an array of less known, high growth companies that support a diversified investment strategy. The 12 stocks making up the portfolio at inception boast an average weighted market cap of over USD$18 billion.”
