Singapore’s ADDX Exchange Lists AI-Enabled Equity Fund
Singapore’s private markets exchange, ADDX, has added a deep-value equity fund managed by Aggregate Asset Management (AAM) to its platform. This fund utilizes machine learning to optimize investment strategy and aims for an 8% compound annual growth rate. AAM is chaired by Kishore Mahbubani, a veteran diplomat and geopolitical analyst. The fund is invested in a diverse portfolio of over 1,300 stocks listed in 17 markets.
Exclusive Share Class with Benefits
Investors on ADDX can subscribe to an exclusive share class of the fund with a minimum ticket size of S$10,000. They will enjoy no performance fees and waived management fees until December 31, 2025. Comparatively, investing directly through AAM requires a minimum investment of S$100,000 and entails various fees.
A Balanced Approach to Equity Investing
The fund offered by AAM strikes a balance between value and growth stocks. Value stocks promise steady growth as they recover from undervaluation, while growth stocks offer potential for explosive growth with higher risk and volatility.
AI-Enabled Success
AAM’s strategy of acquiring stocks at discounted prices has resulted in a compound annual growth rate of 6.1%. The introduction of artificial intelligence technology in managing the fund has proven successful, with the fund surpassing its benchmark by 35%. However, the AI serves as an enhancement rather than a replacement for human analysts who conduct qualitative checks on every stock chosen by the AI.
Embracing Data-Driven Investing
ADDX CEO Choo Oi-Yee expressed excitement about the evolving landscape of investing where data-driven strategies and artificial intelligence offer new possibilities. The listing of the AI-enabled equity fund on ADDX showcases the platform’s commitment to providing innovative investment opportunities to its users.
Hot Take: Singapore’s ADDX Exchange Expands Investment Options with AI-Enabled Equity Fund
Singapore’s blockchain-powered private markets exchange, ADDX, continues to expand its offerings with the listing of an AI-enabled equity fund managed by Aggregate Asset Management (AAM). This fund utilizes machine learning technology to optimize investment strategy and aims for steady growth with an 8% compound annual growth rate. The exclusive share class available on ADDX allows investors to access this fund with a lower minimum investment requirement and enjoy waived management fees. The success of AAM’s AI-enabled approach highlights the potential of combining data-driven strategies with human analysis in the investment landscape. ADDX’s commitment to embracing innovative technologies reflects its dedication to providing unique opportunities for investors.
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