New fund

Guardian Capital launches AI-picking ETF on the Toronto exchange

What's the deal? Guardian CapitalDealroom has a profile for this one. Try Dealroom → LP has launched the Guardian i3 AI Technology and Innovation Fund, a new fund managed by its i3 Investments Team. The fund's ETF units, trading on the Toronto Stock Exchange under the ticker GIAI, began trading when markets opened on July 28, 2026.

What's the endgame? The fund invests in companies globally that stand to benefit from the development and use of artificial intelligence. It aims to provide long-term capital appreciation across the AI megatrend.

How it works: The team runs a broad universe of equity securities through a proprietary AI analytics model to gauge investment attractiveness. In an initial phase, AI agents help identify which companies derive a material portion of revenue from AI or are investing heavily in the technology.

The i3 Investments Team has been incorporating machine learning and AI into its process since 2018. Its ETF and Series F units carry a 0.70% management fee, while Series A units carry 1.20%, each plus a 0.05% administration fee.

Why now? Guardian says investors want exposure to AI equities but have faced limited options: private markets, simplistic indices, or concentration in a handful of mega-cap stocks. It positions its dynamic, AI-driven selection as a differentiator over funds tracking a static index.

"We truly feel this is the best way to participate holistically in the broad AI megatrend that is set to reshape the global economy for years to come," said Sri Iyer, managing director and head of i3 Investments at Guardian Capital.

Beyond ETF units, the fund also offers Series A, Series F, and Series I units.

The signal: As AI reshapes global markets, asset managers are racing to package thematic exposure for retail investors. Guardian's bet is that AI itself — not a fixed index — can best pick the winners of the AI boom.

Read more: Business Insider

Image credit: ota_photos

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