Pictet Enters U.S. Market With Actively Managed ETF Trio

Core Insights - Pictet Asset Management has launched three new actively managed ETFs in the U.S. market, marking a significant expansion for the firm [1][2][3] Group 1: Fund Launches - The newly launched ETFs are the Pictet AI Enhanced International Equity ETF (PQNT), Pictet Cleaner Planet ETF (PCLN), and Pictet AI & Automation ETF (PBOT) [1][4] - These funds target specific market segments known as "megatrends" and utilize unique strategies, including AI-driven quantitative and thematic screeners [4][6] Group 2: Investment Strategy - Each fund employs an active management strategy, which allows for greater market flexibility and the ability to adjust holdings in response to market conditions [5] - The use of AI in these funds aims to maintain transparency and factor-neutrality, distinguishing Pictet from other U.S.-based active managers [6][8] Group 3: Fund Objectives - PQNT aims to outperform the MSCI EAFE Index using an enhanced index strategy with a low tracking error, screening for opportunities through an AI model that incorporates over 250 market data features [7] - PCLN focuses on companies contributing to a sustainable economy, evaluating them based on fundamental metrics related to environmental and social impact [7] - PBOT invests in companies linked to AI and automation, including those in robotics, cybersecurity, and semiconductors, emphasizing their role in enhancing everyday life [7]