San Diego, California – November 29, 2023 – Counterpoint Funds, a quantitative mutual fund and ETF provider specializing in systematic diversifier strategies, today announced the launch of the Counterpoint Quantitative Equity ETF. CPAI seeks long-term capital appreciation by investing in individual stocks that have exposure to multiple factors and are among the highest-ranking stocks to hold as determined by quantitative models and artificial intelligence.
“We’re pleased and excited to offer a long-only equity ETF that is revolutionary in its use of advanced artificial intelligence to dynamically adjust factor exposure depending on changes in market conditions,” said Joseph Engelberg, Ph.D. and Chief Research Officer at Counterpoint Funds. “This unlocks the potential of CPAI to capitalize on a wider range of market environments as it is not anchored to a traditional static single or multi-factor-based approach to investing.”
The Counterpoint Quantitative Equity ETF Fund is composed of multiple quantitative machine learning models to score and select the highest ranked US stocks of all market capitalizations, with a focus on small and mid-cap. The Fund leverages advanced artificial intelligence techniques to dynamically adjust exposure to different factors to seek outperformance relative to the market. CPAI aims to provide exposure to stocks with the highest predicted return, where factor exposures are dynamic depending on factor interaction effects and changes in market conditions.
“As advisors continue to seek greater equity diversification, we are confident the Counterpoint Quantitative Equity Fund will be a welcome addition for investors seeking total return and capital appreciation,” added Mr. Engelberg.
For more information on the Quantitative Equity ETF please visit cpfunds.com/cpai
About Counterpoint Funds
Counterpoint Funds is a defensive, systematic and research driven mutual fund and ETF provider with 5 funds and over $1.5 billion in assets under management. Counterpoint is focused on offering defensive fixed income and equity diversifier strategies designed to drive portfolio performance over the long run. Counterpoint’s mutual funds and ETF employ quantitative investment strategies that base asset allocation and security selection decisions on academic research and statistical analysis. Counterpoint Mutual Funds, LLC, is located at: 12760 High Bluff Drive, Suite 280, San Diego, CA 92130. Tel: 858-771-4000
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