The Financial Post reports in its Thursday, Oct. 26, edition that asset managers have been quick to develop exchange traded funds that can capitalize on artificial intelligence. A Financial Times dispatch to the Post reports that investors face a bewildering range of choices, including active and passive ETFs, concentrated and diversified portfolios, and strategies that give very different exposures to U.S. tech giants versus their newer rivals. Mercer manager Richard Dell says identifying the winning companies requires a long-term investment horizon. Asset manager Wisdomtree has tried to help with this by splitting the sector into three categories: engagers, such as the software providers that have developed chatbots or robotic processes; enablers, like Nvidia and other chipmakers, that make the hardware on which AI models are run; and enhancers, such as the Big Tech companies Microsoft, Alphabet, Apple and Amazon, that offer some AI services, but do not yet derive the majority of their revenues from AI. All three categories are combined in Wisdomtree's Artificial Intelligence UCITS ETF, with weightings of 50 per cent for engagers, 40 per cent for enablers and 10 per cent for enhancers.