EFM NexGen Fund - AI Class

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The EFM NexGen Fund - AI Class is an ASIC-registered managed investment scheme, established to invest globally in companies exposed to materially benefit from the application of Artificial Intelligence.

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The investment team conducts a thorough bottom-up review of each stock considered for inclusion in the Fund's Investment Universe.  This process ensures the Fund will only include stocks where the investment team believes each company's engagement with AI technology will be a material driver of growth over our 3-5 year investment horizon.

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We categorise companies into three broad groups: Upstream Enablers, Integrated Platforms, and Downstream Beneficiaries.  Currently, these are predominantly (but not always) technology companies.  As the industry develops, more "non-tech" companies will enter the universe, most likely in the Downstream Beneficiaries area, as companies adopt and integrate AI into their businesses and product offerings.