The metaverse may be the receptacle for our dreams of the future, but you can invest in it now. This particular ETF lets people invest in a bunch of the companies that are either already making the metaverse happen or are positioned to do so in the future. As GamesBeat readers may have memorized by now, the metaverse is the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One. And the Metaverse ETF has been created by Matthew Ball, a futurist and investor, and a number of other visionaries such as Jacob Navok, CEO of Genvid Technologies. They claim they have done the hard work researching the metaverse so you don't have to, and in doing so, they're espousing the notion that the metaverse can democratize everything.

Artificial intelligence (AI) is an increasingly important technology within the investment management industry.1 AI has been used in a variety of ways--including as the newest strategy for attempts to "beat the market" by outperforming passive index funds that are benchmarked against the S&P 500, despite the long-standing finding that index funds consistently win that contest.2 Investment advisers who use AI should consider the unique issues the technology raises in light of an adviser's fiduciary duty to its clients. In this client alert, we provide an overview of how AI is being used by investment advisers, the fiduciary duties applicable to investment advisers, and particular issues advisers should consider in designing AI-based programs, to ensure they are acting in the best interests of their clients.3 Under federal law, an investment adviser is a fiduciary to its clients.8

Investments in the technology sector are subject to greater risk and are more greatly impacted by market volatility than more diversified investments. Many products and services offered in technology-related industries are subject to rapid obsolescence, the planned process of becoming obsolete, which may reduce the value of the issuers. There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements.

Investments in the technology sector are subject to greater risk and are more greatly impacted by market volatility than more diversified investments. Many products and services offered in technology-related industries are subject to rapid obsolescence, the planned process of becoming obsolete, which may reduce the value of the issuers. There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements.