AI/Tech Portfolio – February 2026
AI-driven tech. Future-ready risk control.
Our AI/Tech Equities SMA provides high-conviction exposure to the technology transformation — focusing on quality businesses, structural tailwinds, and tactical flexibility. Built to participate in upside while actively managing risk and preserving capital across market regimes.
AI/Tech Portfolio — SMA Facts
| Attribute | Details |
|---|---|
| Name | Emit Capital AI/Tech Portfolio |
| Structure | Separately Managed Account (SMA) |
| Investor Type | Wholesale & Sophisticated |
| Asset Class | Global Listed Equities |
| Regions | Global |
| Strategy Inception | 31 May 2025 |
| Number of Holdings | 15–25 |
| Cash Range | 5–15% |
| Minimum Initial Investment | A$250,000 or equivalent |
| Pricing | Daily |
| Prime Broker | Interactive Brokers (IBKR) |
SMA Summary
Strategy objective: Long-only AI/Tech equities with active risk management overlay
Benchmark: Nasdaq Composite
Currency exposure: AUD & USD reporting available
Risk management: Index hedging, options overlays, tactical cash
Suitable investors: Wholesale & sophisticated investors seeking long-term capital growth
Positioning
The portfolio is positioned to benefit from sustained AI-related capital expenditure, power and infrastructure constraints, and ongoing platform consolidation, which are expected to drive differentiated earnings outcomes among category leaders. This is balanced against an environment where interest rates, USD strength, and liquidity conditions can reprice growth risk rapidly.
Risk: Elevated factor crowding and potential valuation compression within quality growth equities; during periods of market stress, index-level drawdowns may dominate stock-specific fundamentals in the short term.
Opportunity: The AI infrastructure build-out across compute, networking, power, and cooling underpins selective exposure to critical enablers across semiconductor, hardware, and data-centre supply chains with strong competitive positioning and multi-year demand visibility.
Performance
AI/Tech Portfolio vs Nasdaq Composite
Returns
| 1mth | 3mth | 6mth | SI | |
|---|---|---|---|---|
| AI-Tech | -5.2% | -2.6% | 9.2% | 27.9% |
| Nasdaq Composite | -5.5% | -10.7% | -2.9% | 7.2% |
| Active return | 0.3% | 8.1% | 12.1% | 20.7% |
| 1mth | 3mth | 6mth | SI | |
|---|---|---|---|---|
| AI-Tech | -3.1% | 5.9% | 11.1% | 32.5% |
| Nasdaq Composite | -3.4% | -3.0% | 0.0% | 11.0% |
| Active return | 0.3% | 8.8% | 11.0% | 21.5% |
As at 28 Feb 2026