EToro taps machine learning to offer 'algo-funds'

EToro taps machine learning to offer ‘algo-funds’

eToro, the world’s leading social trading network, is entering the world of thematic investing with the launch of CopyFunds.CopyFunds™ work by bundling together financial assets of any kind, under one chosen strategy or theme, and are created and traded on eToro .CopyFunds will be divided into Top Trader CopyFunds™; comprising the best performing and most sustainable traders on the network and Market CopyFunds™ made up of specially-selected instruments such as stocks, commodities or ETFs allowing investors to track a wide array of sectors around a defined market strategy.Top Trader CopyFunds™ is built using machine learning technology that selects the best performing traders on the eToro network.CopyFunds™ enable investors to invest in a bundled group of high-performing traders as well as predefined market strategies. CopyFunds™ aim to help investors minimise long-term…


Link to Full Article: EToro taps machine learning to offer ‘algo-funds’