5 fun facts for the top 4 best-selling funds with significant exposure to AI tech stocks on Futu MooMoo Fund Hub and how to select the one that yield the best results in August 2023.
Despite a recent study by BlackBerry ( $BlackBerry(BB.US$ ) revealing more than 74% of organisations worldwide are currently implementing or considering bans on generative artificial intelligence (*1), the following 4 funds with significant exposure to AI tech stocks continue to be popular among Mooers, and they are:
Thus, in today's discussion, 5 fun facts about them in Jun-Jul 2023 may give us some insights on why they are popular among Mooers. Do also note that the mentioned figures may be different depending on which month that Mooers are looking at. ![]()
Without further ado, let's begin! ![]()
This could be one of the reasons why Allianz are popular because the fund is more diversified.
The top 3 stocks from Blackrock, which is Microsoft ( $Microsoft(MSFT.US$ ), Apple ( $Apple(AAPL.US$ ), Nvidia Corp ( $NVIDIA(NVDA.US$ ), weight at least 25% of its whole portfolio. Mooers who bought this fund can expect better performance should these 3 stocks excel in August 2023.
Besides the one from $Futu Holdings Ltd(FUTU.US$ , it is also awarded the Excellence in Service (4th consecutive year) and Best Regional Asset Management House in 2023.
![#GIFsFromTenorDotCom](https://sgsnsimg.moomoo.com/feed_image/103066836/3ec9a50346cf36b2af3f5d442effc85c.gif/bigmoo)
Franklin keeps only 1.27% of its investment as cash and invest the rest of its capital in equity securities of companies that are expected to benefit from the development, advancement and the use of technology.
At least 3 of the funds holds Apple, Amazon ( $Amazon(AMZN.US$ ) and Microsoft in their top 10 holdings. Other stocks such as ASML Holding ( $ASML Holding(ASML.US$ ), Mastercard Inc ( $MasterCard(MA.US$ ), Nvidia Corp and Tesla ( $Tesla(TSLA.US$ ) is also in the top 10 holdings of at least 2 of the mentioned funds.
![#GIFsFromTenorDotCom](https://sgsnsimg.moomoo.com/feed_image/103066836/c0ad409880f43895b1be018430103808.gif/bigmoo)
However, Mooers can select the funds that align with their objectives by coming out with a simple checklist, such as the one below, and choose the one that have the most 'Yes' or the most 'No' depending on their preferences. ![]()
Please note that this simple checklist is just an illustration and Mooers should come out with their own checklist. ![]()
Hmm... I wonder which feature(s) attract Mooers to invest in the 4 mentioned funds. ![]()
We have come to the end of today's topic. Remember to show your support by follow, like, share, and comment on this post and as always, don't forget to DYODD (Do your own due diligence) when making any kind of investment. ![]()
References:
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Mars Mooo OP : Any Mooers wants to share their checklist here?![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
小桥流水 : ,
回复 Mars Mooo OP : I'm afraid no one wants to
Mars Mooo OP 小桥流水 :![](https://emoticon.futunn.com/rich_daily_life/O_09.png)
Mars Mooo OP 回复 :![](https://emoticon.futunn.com/rich_big_face3_mm/54.png)
小桥流水 Mars Mooo OP : Can you share your list![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Mars Mooo OP 小桥流水 :![](https://emoticon.futunn.com/rich_big_face3_mm/54.png)