Glacier by Sanlam recently launched its first artificial intelligence fund – the Glacier AI Flexible Fund of Funds. What’s exciting about this fund is that it uses AI to diversify away human manager risk. In fact, Glacier’s artificial intelligence machine-learning investment engine boasts no less than 601 virtual investment analysts! For more on this innovative fund, read on!
Meet PIE, Glacier’s AI
Meet PIE, the AI engine behind the Glacier AI Flexible Fund of Funds. Designed to improve your clients’ outcomes by reducing downside risk and improving the consistency of achieving investment goals, PIE (Predictive Investment Engine), takes human emotions out of investment decisions.
Why PIE? Humans can’t process the 2.5-quintillian bytes of data produced daily. Machines can. PIE comprises 601 virtual investment analysts. A ‘human’ investment team has just 10 analysts. This catalyses intelligent exposure: when investment risk is timed with the market to combat capital loss, streamline efficiencies and go beyond diversification.
The big advantages of PIE the AI:
- It turns data into meaningful insights to predict market behaviour
- It eliminates human bias and human error
- It self-adjusts according to changing environments and markets
- It has no ‘key person risk’
- It’s consistent. Its aim is to minimise the depth and breadth of drawdowns, optimise the risk-return balance and maximise investment outcomes
The Glacier AI Flexible Fund of Funds aims to provide CPI plus 5% over rolling three-year periods. It is a Multi Asset Flexible Fund, comprised of local and international Exchange Traded Funds (ETFs). There are no asset class limitations, except a 30% limit on foreign exposure. The fund is collectively managed by Glacier Management Company, Satrix – a division of Sanlam Investment Management (Pty) Ltd – and PIE, provided by Sanlam Global Investment Solutions.
The future is now.
Glacier Financial Solutions (Pty) Ltd and Sanlam Investment Management (Pty) Ltd, are licensed financial services providers
Glacier Management Company (RF) (Pty) Ltd is a registered and approved Manager in Collective Investment Schemes