What is an AI Basket?
We’ve launched AI functionality on the EasyEquities platform that allows you to generate your own investment portfolio called a “basket”, based on a theme or description of what you want to invest in.
AI Baskets are now available across ZAR, USD, AUD, GBP and EUR currencies.
How to create and invest in an AI Basket
- Select the Invest Tab in the app or the Invest Now tab on Desktop.
- Select Invest with AI Technology.
- While we're in Beta, baskets are free to create, however in future, to create a basket you will need to have EasyCredits. You can buy EasyCredits from this page directly if you don’t currently have any. Each basket costs you 250 EasyCredits, equivalent to R20.
- Type in the description of the type of basket you would like to create.
- You’ll be presented with a relevant selection of shares with opportunity to view options for available currencies that fit your description; an investment thesis as to why the shares have been chosen; and the opportunity to ask questions about them with our AI chatbot.
If the account where you want to purchase the basket is funded, you can buy it from the bottom of the page.
If you'd rather buy it later, your basket will be saved at the top of the AI Baskets page under "My Baskets" so you can revisit it at any time.
Can this AI provide personalized financial guidance?
No, this AI is not designed to offer individualised financial advice or specific investment recommendations. Instead, its purpose is to assist users in exploring potential investments and gaining industry-related knowledge by generating a list of investments connected to a given search topic and providing context for their selection.
EasyEquities does not offer tailored advice or recommendations. All information provided is of a general nature and is current only at the time of writing. Before making any investment decisions, investors should consider obtaining independent advice from legal, financial, taxation, or other professionals to determine whether an investment aligns with their goals, financial circumstances, and needs.
Are there any restrictions on the topics you can search for?
The AI aims to help you gain a deeper understanding of the context surrounding themes and ideas and discover stocks based on the topics that interest you most. It is not intended to be a tool for analysing the performance of specific shares and does not provide individualized advice.
The AI has built-in safety checks that prevent it from processing inappropriate searches. It will reject topics related to violence, illegal activities, sexual content, harmful behavior, subjective investment advice, and similar themes.
What is the underlying technology behind the AI?
The EasyEquities AI is driven by Telescope AI, an Australian generative AI company that utilizes several leading large language models, including those developed by OpenAI (such as Chat GPT), Anthropic, and others. Telescope AI has customized its platform to meet the specific product and regulatory requirements of EasyEquities.