PQNT · Exit · 1d
PQNT, an AI-managed ETF from Pictet Asset Management, integrates AI signals with factor exposures, including momentum and sentiment, across its broad developed-international portfolio. The fund's periodic rebalancing schedule, rather than daily adjustments, resulted in the full removal of POWER ASSETS HOLDINGS LIMITED on 2026-06-28. Evaluation by the AI system likely flagged the utility company's consistent underperformance, evidenced by its 30-day return of -9.7%, as no longer aligning with the target factor profiles. This divestment from the ~300 international developed-market stock portfolio reflects the AI overlay's role in actively managing exposures when a company like POWER ASSETS HOLDINGS LIMITED deviates from desired characteristics.
weight 0.030% → 0 (exited)·stock down 10.6% in the 30 days before
Jun 28·now 7.42