While these leading funds have collectively lost 0.8% in value, the ChatGPT-created fund has led them on 34 of the 37 market days (87%) since its inception.

To generate the fund, personal finance comparison site Finder asked ChatGPT to create a stock portfolio following various investing principles taken from top funds. The AI model selected 38 stocks, with Meta, Microsoft, and Intel Corporation as its top performers, boasting gains of almost 30%, 20%, and nearly 18%, respectively.

Despite warnings against providing specific investment advice, ChatGPT’s theoretical fund has garnered attention. Jon Ostler, CEO of finder.com, highlights the potential disruption and revolution that AI democratisation may bring to financial industries.

Although large funds employ advanced AI platforms to refine their stock picks, ChatGPT remains a relatively rudimentary tool with limited data and insight into market psychology. Mr Ostler cautions consumers not to get carried away with their personal finances, but admits that fund managers might be looking nervously over their shoulders as AI-generated funds like ChatGPT’s continue to outperform many traditional investments.