Guardian Capital LP has introduced a new actively managed fund that uses AI to select stocks that generate meaningful revenue from or are investing heavily in AI. Launched July 28, the Guardian i3 AI Technology and Innovation Fund is offered in F, A and ETF series (TSX: GIAI). The fund is managed by Guardian Capital’s i3 investments team, which has eight years of experience using AI in its investment processes. Then, AI will cross-validate those findings against companies’ management transcripts to verify that companies’ AI-related claims are consistent with their business results. Iyer said the combination of active management and AI allows Guardian Capital to be “highly adaptive and nimble” as the AI market evolves, “and it keeps us away from behaviour traps.”