- Retail investors will benefit from Bridgeweave’s unique AI proprietary technology ‘InvestorAI’ that will be applied to identify high-growth US stocks.
- The portfolio offers monthly exposure to 12 stocks with a robust capital structure, consistent YoY sales growth and exhibiting positive price momentum.
January 31, 2023: eToro, the social investing network, announced today the launch of InvestorAI-US, a portfolio offering exposure to high growth US companies developed in partnership with UK fintech Bridgeweave and powered by its unique AI technology.
Bridgeweave’s proprietary technology ‘InvestorAI’ has adapted computer vision technology used for cancer diagnosis to investing and now crunches over 800 million calculations every day to identify high-growth stocks and analyse their historical performance.
Bruce Keith, CEO at Bridgeweave said: “Wealth management is being disrupted by changing demand from next-gen digital investors who will transform an underprepared industry. Partnering with eToro, we plan to be at the forefront of this change providing investors with access to the kind of technology and solutions that were previously exclusively available to institutional investors.”
The portfolio will be rebalanced every month with US stocks with a robust capital structure, consistent Year on Year sales growth, and exhibiting positive price momentum. With AI taking care of the selection process, users will gain exposure to an array of less known, high growth companies that support a diversified investment strategy. The 12 stocks making up the portfolio at inception boast an average weighted market cap of over USD$18 billion (full list here).
Dani Brinker, Head of Investment Portfolios at eToro concluded: “Digitalisation has opened the financial markets to a new cohort of investors. To empower them to manage their portfolios in the smoothest way possible, it is key to continue delivering frictionless and automated, end-to-end solutions. We are looking forward to working with Bridgeweave to democratise access to financial information and analysis.”
eToro’s range of Smart Portfolios offer investors exposure to various market themes. Bundling together several assets under a defined methodology, and employing a passive investment approach, eToro’s Smart Portfolios are long-term investment solutions that offer diversified exposure with no management fees.
Initial investment starts from USD$500 and investors can access tools and charts to track the portfolio’s performance, while eToro’s social feed will keep them up-to-date on developments in the sector. For now, this portfolio is not available to US users.
**ENDS**
Notes to editor:
- The portfolio is composed of real stocks only.
- Please note this portfolio is not available to US users.
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About eToro
eToro is a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. Today, eToro is a global community of more than 30 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.
About Bridgeweave:
Bridgeweave Ltd is a UK fintech that uses AI and advanced technologies to provide investors with frictionless, automated, end-to-end investment solutions across equities and crypto. Its flagship InvestorAi products have a community of 27,000 users and over 8,300 model portfolio subscribers. Their AI has demonstrable results over 2 years and combined with automated order management, monitoring and reporting aims to provide guidance and support to self-directed investors.
DISCLAIMER
EU AND UK:
Copy Trading does not amount to investment advice. Your investments value may go up or down. Your capital is at risk.
AUSTRALIA:
Smart Portfolios are not exchange-traded funds or hedge funds and are not tailored to any client’s specific objectives, financial situation and needs.
This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication.