Billionaires Are Buying an AI Index Fund That Could Turn $400 per Month Into $384,000
- Posted on June 23, 2025
- By Yahoo News
- 1 Views
Billionaires Are Buying an AI Index Fund That Could Turn $400 per Month Into $384,000
Several hedge fund billionaires bought shares of the Invesco QQQ Trust in the first quarter, an index fund that provides heavy exposure to several AI stocks. The Invesco QQQ Trust returned 14.9% annually over the last two decades, but even more modest gains could turn $400 per month into $384,000. The Invesco QQQ Trust has historically been a volatile investment; it fell more than 20% from a record high four times in the past decade.