“FAANG”ING OUT WITH THE BEST OF THEM!
by Amit Kapoor, Institutional Sales, UK and International
Since I last wrote about our ACATIS AI BUZZ US Equities Fund (ISIN Cl. A: DE000A2JF683), the S&P500 was at all-time highs and there was little telling just how high the FAANG-led (Facebook, Amazon, Apple, Netflix, Google) rally would go. Fast forward 5 months, the story has changed somewhat! We now find ourselves in a market where sentiment, now more than ever, is driving investment decisions. My crypto friends will know about “FOMO” (Fear of Missing Out).
Our fund is looking to do exactly that. By analysing tens of millions of online social media and forum posts, we are using a structured machine learning approach to rank US large-cap stocks by investor sentiment. Fourteen different natural language processing machines mine this online data and the lead machine collates the research to rank each individual stock (positive, neutral or negative).
The portfolio will hold 75 stocks with a maximum weighting of 3%. Monthly rebalancing ensures that the portfolio remains current.
A new factor has been created, we at ACATIS Investment are proud to be the only Asset Manager East of New York working with such innovative and uncorrelated investment solutions.
Our disclaimer applies to the fund presentation.
Photo: Amit Kapoor