KraneShares Public-Private AI & Technology ETF (AGIX) Stock Price, Quote, News & History | Benzinga

Under normal circumstances, the Fund invests at least 80 percent of its net assets (plus borrowings for investment purposes) in securities of Artificial Intelligence (AI) and Technology companies and other instruments that have economic characteristics similar to such securities. The Fund considers a company to be an AI and Technology company if it is classified in the Technology economy within the FactSet Revere Business Industry Classification system (RBICS), which requires a company to generate at least 50 percent of its revenue from within the Technology economy and has an AI Exposure Score greater than zero. An AI and Technology company will generally operate in the following industries as categorized by RBICS: computer peripherals, data processing services, information technology services, internet retail, internet software or services, packaged software, semiconductors, or telecommunications equipment. An AI Exposure Score is a proprietary score used by the Underlying Index (as defined below) that attempts to quantify the exposure of a company with regards to AI. It is measured in a range from 0 (no exposure) to 5 (highest exposure) and is based on the companys public business descriptions, public filings, press releases, and financial disclosures that directly indicate involvement in AI-related business or the incorporation of AI technologies into their key operations, offerings and research and development activities.