AI Fund
Ivy EasyETFs AI Innovation AMETF – listed on the JSE (Ticker: IVYAI) – gives you diversified exposure to global companies leading, enabling, or benefiting from AI.
Introducing IVYAI
Bruce Main gives a quick overview of the Ivy EasyETFs AI Innovation AMETF (IVYAI), listed on the JSE. He explains why Ivy launched it for South African investors, and how the fund builds diversified exposure across roughly 50 global companies spanning the AI ecosystem: hardware, software, data, cybersecurity, energy, and AI-enabled businesses.
Fund details at a glance
Fund type: Actively Managed Exchange Traded Fund (AMETF)
CIS type: Actively Managed Exchange Traded Fund
ASISA classification: Global - Equities - General
Investment theme: Artificial Intelligence & Automation
Currency exposure: Inward listed on the JSE, providing South African investors offshore exposure via a locally traded instrument
Ticker: IVYAI
Liquidity: JSE listed instrument with daily market liquidity
Primary market dealing cut-off: 10:00 daily
Custodian: FirstRand Bank (acting through its RMB Trustees Division)
Market maker: Jane Street Financial Services
CIS manager: EasyETFs (RF) (Pty) Ltd
Who’s involved
FirstRand Bank (acting through its RMB Trustees Division) is the custodian, holding the assets in safekeeping. Jane Street supports liquidity as market maker. EasyETFs is the CIS manager. Ivy is the portfolio manager.
Strategy
Research-driven strategy using quantitative and qualitative inputs
Exposure gained mainly through global shares and select ETFs/funds that fit the mandate
Portfolio expected to hold about 50 global companies across the AI ecosystem
Focus on high-quality companies positioned to benefit from AI innovation and related technological advancement
Ongoing assessment of valuation sensitivity, growth potential, and risk
Emphasis on long-term capital growth while managing volatility within a high-equity profile
AI in investing
Artificial intelligence is technology that helps systems learn, recognise patterns, and make decisions.
AI is moving from promise to infrastructure. The ecosystem spans chips and compute, data, software, cybersecurity, and the energy that keeps it running.
Because winners change quickly, the fund focuses on diversified exposure rather than trying to pick one champion.
Key risks include capital expenditure cycles, regulatory changes, valuation sensitivity, and infrastructure constraints.
The Ivy AI Fund
Ivy AI aims to achieve long-term capital growth by investing predominantly in global equity securities of companies positioned to benefit from Artificial Intelligence innovation and related technological advancement.
Why it's different
Management actively invests in the portfolio to align interests
Access to world-class research to spot developing AI trends
Pure-play AI focus beyond broad technology indices
Risk-aware approach: AI models assist in stock selection
Continual sector and individual stock weighting analysis with strict caps in place
Long-term focus
ETF structure: daily pricing and liquidity
Portfolio composition
The portfolio invests mainly in global equities (and select ETFs) across the AI value chain.
Hardware
Chips and servers enabling AI compute
Data
Information used to train models and improve accuracy
Software
Tools and frameworks to build and deploy AI
Cybersecurity
Protecting systems, data, and integrity
Energy
Power needed for data centres and high-compute operations
Top ten holdings
Top holdings (as at Feb 2026)
Holdings change. For the latest holdings, download the fact sheet.
Portfolio and Investment Committee Members
The leadership team guiding each decision
Governance and long-term portfolio decisions.
Investment discipline and day-to-day execution.
Portfolio and manager research.
Data analytics and emerging opportunities.
Risk considerations
This is a global equity portfolio. Risks include market moves, liquidity constraints, and currency shifts.
Equity market volatility and high valuations
Technology and innovation risk (winners change)
Currency exposure (offshore exposure via a locally traded instrument)
Regulation and geopolitics
Concentration risk in thematic investing
Get the fact sheet
We’ll send the latest holdings, costs, and risk notes.
How to invest
IVYAI is an actively managed ETF listed on the JSE.
You can buy it through your broker, or via EasyEquities.
If you do not have an EasyEquities account, you can open one and search for IVYAI.
Open an account
Join the Ivy AI Fund at EasyEquities, our online investing partner.
The small print
African Ivy Investment Holdings (Pty) Ltd is an authorised financial services provider (FSP 660) under the Financial Advisory and Intermediary Services Act, 2002 and is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. This information is provided for general purposes only and does not constitute financial, investment, tax, legal, or other professional advice. Consult a qualified independent financial adviser before making investment decisions.
Investing involves risk. The value of investments and any income derived may fluctuate and can go down as well as up. You may not recover the full amount invested. Past performance is not indicative of future results.