TCW Artificial Intelligence ETF
AIFD
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 865 South Figueroa Street Los Angeles CA United States of America 90017
- IPO Date
- May 6, 2024
- Website
- tcw.com
- Similar Companies
- Business
- TCW Artificial Intelligence ETF (AIFD) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing in companies across sectors leading the development and commercialization of artificial intelligence technology; the fund targets firms building core AI infrastructure, artificial intelligence systems, semiconductors, cloud computing solutions, cybersecurity applications, and data analytics platforms; key portfolio holdings include NVIDIA Corp., Arista Networks Inc., Meta Platforms Inc., CrowdStrike Holdings Inc., Alphabet Inc., Amazon.com Inc., Micron Technology Inc., Microsoft Corp., Palo Alto Networks Inc., and ASML Holding NV. AIFD offers investors diversified exposure to large-cap growth companies in the technology sector, with a focus on AI enablers, adopters, and innovators; it benchmarks against the Russell 3000 Growth Index and features a total expense ratio of 0.75%, quarterly distributions, and trading on the NYSE Arca exchange. The fund serves institutional investors, financial advisors, high-net-worth individuals, and retail participants seeking targeted AI-themed equity investments. Operated by TCW Investment Management Company LLC, a subsidiary of The TCW Group, Inc., AIFD traces its performance history to the predecessor TCW Artificial Intelligence Equity Fund (ticker: TGFTX), which launched on August 31, 2017; on May 6, 2024, AIFD completed the conversion from this mutual fund, acquiring its assets, liabilities, and historical performance while adopting a more tax-efficient ETF structure with lower expenses. This reorganization expanded TCW's active ETF suite, which also includes the TCW Compounders ETF (GRW), TCW Transform Systems ETF (NETZ), TCW Transform Supply Chain ETF (SUPP), and TCW Transform 500 ETF (VOTE), following TCW's acquisition of Engine No. 1's Transform ETF platform in October 2023. Headquartered in Los Angeles, California, at 515 South Flower Street, TCW manages approximately $200 billion in assets globally, with AIFD's assets under management reaching about $64 million as of mid-2024 and operations domiciled in the United States for U.S.-focused investors.