Public e-Artificial Intelligence Technology Fund (22 June 2026)
Past 1 week price change: +7.18%
Public e-Artificial Intelligence Technology Fund (PeAITF) invests in global companies powering the AI supply chain, from chip designers to cloud infrastructure builders.
This is a high-volatility fund (Level 5 risk, Lipper volatility rating of 25.1). That means bigger swings in both directions.
How it’s been performing
PeAITF was one of the Weekly Top 10 Performing Funds for the week ended 19 June 2026, gaining 7.18%.
Strong numbers, but not the full story. In 2022, the fund fell 36.62% during the global tech selloff. Investors who held through that difficult year saw the fund return +57.63% in 2023 and +29.55% in 2024.
Past performance doesn’t guarantee future results, and a fund this volatile can move just as sharply downward.
Why it’s been performing well
The AI theme has broadened from a handful of chipmakers to the entire supply chain, spanning chip design, manufacturing, memory, and cloud infrastructure.
This past week, South Korea surged 11.4% and Taiwan gained 5.2%, both extending record highs on AI semiconductor demand. The fund has direct exposure to both markets. Broader sentiment also got a lift after the US and Iran signed a peace MOU on 18 June, easing oil prices.
What’s inside the portfolio
The top five holdings sit at the centre of the AI ecosystem:
NVIDIA, the leading designer of AI training chips
AMD, which competes in AI processors and data centre GPUs
Alphabet (Google’s parent), a major buyer of AI chips and investor in AI infrastructure
Broadcom, which designs custom AI accelerators for hyperscale data centres
SK Hynix, South Korea’s memory chip giant supplying the high-bandwidth memory AI systems need
The portfolio is concentrated in technology (67%) and communications (23.9%), so performance is closely tied to the AI sector’s direction.
What this means for you
Recent performance has been strong, though the 2022 drawdown is a good reminder that this fund can swing both ways. After a period of strong gains, it’s worth checking whether your current allocation still fits your risk comfort and overall portfolio.
Happy to walk through it with you.