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BlackRock unveils active fund that aims to track changing AI trade over time

By CNBC   |   Oct 22, 2024 at 11:38 AM EST
BlackRock unveils active fund that aims to track changing AI trade over time

BlackRock introduces a new AI-focused fund, iShares AI Innovation & Tech Active ETF (BAI), managed by Tony Kim. The fund aims to capture growth in AI by holding a concentrated portfolio of 30-40 stocks.

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