Jim Rogers set to launch ETF of ETFs backed by AI

With ETF Managers Group

Ocean Capital Advisors, the fintech company chaired by veteran investor Jim Rogers, has partnered with ETF Managers Group to launch a global macro ETF of ETFs.

The Rogers AI Global Macro ETF will invest primarily in single-country ETFs, employing artificial intelligence (AI) combined with macroeconomic factors to track and project economic indicators. Set to be listed on the Securities and Exchange Commission (SEC) in the US, the ETF's weightings are determined by AI, which analyses indicators and signals of probable shifts in market direction during different periods of volatility. Jim Rogers predicts 'worst crash in our lifetime' It then calculates the cost of exiting the position compared to maintain it, depending on the magnitude of e...