TCW Artificial Intelligence Equity Fund
Data updated: 2024-06-25
C000192601 — TCW Artificial Intelligence Equity Fund. United States Large Cap Growth Thematic Equity. Holdings, fees, performance and SEC filings.
C000192601 Fund Overview
TCW Artificial Intelligence Equity Fund is a US mutual fund managed by Tcw Funds INC, categorised as United States Large Cap Growth Thematic Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Tcw Funds INC
- Category: United States Large Cap Growth Thematic Equity
- Assets under management: $59.14M
- 1-year return: 50.3%
- SEC CIK: 0000892071
- SEC series ID: S000058637
- Share class ID: C000192601
C000192601 Investment Objective and Strategy
TCW Artificial Intelligence Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tcw Funds INC.
Investment objective
The Fund’s investment objective is to seek long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in publicly traded equity securities of businesses that the portfolio managers believe are benefitting from or have the potential to benefit from advances in the use of artificial intelligence. If the Fund changes this investment policy, it will notify shareholders in writing at least 60 days in advance of the change. Artificial intelligence refers to the development or use by a business of computer systems that perform tasks previously requiring human intelligence such as decision-making or audio or visual identification or perception. The Fund invests primarily in issuers that are characterized as growth companies according to criteria established by the portfolio managers, which may include attributes such as an expected growth cycle, accelerating earnings or cash flow, and general growth of a business sector.
Bottom-up fundamental research that focuses on the individual attributes of a company, such as its financial characteristics, is used to identify these companies. Equity securities include common and preferred stock; rights or warrants to purchase common or preferred stock; securities convertible into common or preferred stock such as convertible preferred stock, bonds or debentures; American Depository Receipts (ADRs); and other securities with equity characteristics. The Fund typically invests in companies in information technology, consumer discretionary, industrial and health care sectors with market capitalizations of at least $300 million at the time of acquisition. The Fund typically invests in a portfolio of 25 to 60 companies. The portfolio managers use both qualitative and quantitative screening criteria to supplement the fundamental research.
The portfolio managers qualitative screening focuses on those companies that they believe have the potential to grow or otherwise materially benefit partly as a result of their development or use of artificial intelligence in analysis, forecasting, efficiency, automation, consistency and scale. The Fund is non-diversified, which means that it may invest its assets in a smaller number of issuers than a diversified fund. Portfolio securities may be sold for a number of reasons, including when a company fails to meet expectations or when the portfolio managers believe that (i) there has been a deterioration in the underlying fundamentals of a company, (ii) the intermediate- and long-term prospects for a company are poor or the original thesis was flawed or has been damaged, (iii) another security may offer a better investment opportunity, (iv) an individual security has reached its sell target or the investment therein has been exhausted, or (v) the portfolio should be rebalanced for diversification or portfolio weighting purposes.
C000192601 Holdings
Top 10 holdings of TCW Artificial Intelligence Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 6.51% |
| Meta Platforms Inc | 5.83% |
| Amazon.com Inc | 5.18% |
| Alphabet Inc | 5.12% |
| Arista Networks Inc | 5.08% |
| Crowdstrike Holdings Inc | 4.93% |
| Micron Technology Inc | 4.65% |
| Microsoft Corp | 4.42% |
| Palo Alto Networks Inc | 4.18% |
| State Street Global Advisors | 3.51% |
C000192601 Portfolio Allocation
Asset-class allocation of TCW Artificial Intelligence Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.6% |
| Cash & Equivalents | 3.5% |
C000192601 Performance
Total returns for C000192601 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 50.3% |
| 3 years (annualised) | 8.0% |
C000192601 Risk Information
Risk metrics for C000192601, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.7%
C000192601 Costs and Fees
C000192601 costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 2.38%
- Portfolio turnover: 32%
- Brokerage commissions: 4.89 bps of average net assets (SEC N-CEN)
C000192601 Cashflows
Over the 12 months to 2024-04, TCW Artificial Intelligence Equity Fund had net inflows of $39.24M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-04 | $2.51M |
| 2024-03 | $6.06M |
| 2024-02 | $7.52M |
| 2024-01 | $6.12M |
| 2023-12 | $2.35M |
| 2023-11 | $1.69M |
C000192601 Debt Constituents
No individual debt constituents are reported in TCW Artificial Intelligence Equity Fund's latest SEC N-PORT filing.
C000192601 Prospectus and SEC Filings
Official TCW Artificial Intelligence Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-28
- Prospectus (485BPOS) — filed 2023-02-28
- Prospectus (485BPOS) — filed 2022-02-28
- Portfolio holdings (N-PORT) — filed 2024-06-25
- Portfolio holdings (N-PORT) — filed 2024-03-18
- Portfolio holdings (N-PORT) — filed 2023-12-05
- Annual census (N-CEN) — filed 2024-01-04
- Annual census (N-CEN) — filed 2023-01-06
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.