KraneShares AI Fund Beats Nasdaq-100, Helped By Anthropic Stake

KUALA LUMPUR, Nov 11 (Bernama) -- KraneShares announced the private investments in its KraneShares Public-Private AI & Technology exchange-traded fund (ETF), including a stake in artificial intelligence (AI) company Anthropic, have contributed significantly to the fund’s returns since its launch in July 2024.

The fund, which trades under the ticker AGIX, returned 70.13 per cent from its inception on July 17, 2024, to Oct 31, 2026, compared with 45.64 per cent for the Nasdaq-100 Index, with its private holdings contributing 11.92 percentage points, the company said in a statement.

“Anthropic showed what is possible when a fund like AGIX can get onto the cap table of a category-defining AI company early, and our goal is to keep finding the next opportunities like it,” said KraneShares Senior Investment Strategist, Derek Yan.

The company said AGIX became the first ETF to invest directly in Anthropic, the maker of the Claude AI models, in February 2025, at a valuation of US$61.5 billion. (US$1 = RM4.05)

KraneShares Head of Capital Markets and AGIX Portfolio Manager, James Maund said combining public AI stocks with direct stakes in private companies such as Anthropic allows investors to take part in these companies’ growth before they go public.

The update comes as Anthropic moves towards a stock market listing after filing with the United States Securities and Exchange Commission on Oct 26 to list on Nasdaq under the ticker “ANT”, according to KraneShares citing a Wall Street Journal report.

The fund also holds stakes in private companies including General Intuition, Ayar Labs, Standard Bots, Apptronik, and Nuro.

-- BERNAMA