Q: Hi Peter and Team,
Peter, I enjoyed and learned a lot from your latest Financial Post article on AI.
The last question on HBDG was in May 2025. Its AUM is now $32,500,000. Is it big enough now, and is it a good ETF to safely play the AI theme?
Thanks as always for your insight.
Peter, I enjoyed and learned a lot from your latest Financial Post article on AI.
The last question on HBDG was in May 2025. Its AUM is now $32,500,000. Is it big enough now, and is it a good ETF to safely play the AI theme?
Thanks as always for your insight.
5i Research Answer:
Thank you; HBGD, despite a fairly long history (5+ years and annualized +17.32% over five years) is still fairly small at (now) $35M in assets. Its holdings look fine to us, but we do note it does market itself as also having exposure to crypto currency and blockchain. We would not consider it a pure AI fund. Also we would prefer to see it above $50M in assets before endorsing.