Doesn’t seem to be worth management fees just to do some tax loss harvesting. Perhap these funds would be useful to those who do not want to invest in evil companies and still have an index fund.
Tax loss harvesting isn’t that great, I noticed on my brokerage accounts that because of me selling off losers, I have now more tax liability gains then actual gains so it still has to be paid.
Long term gains for me currently is 18.8 rate. When I retire, if I should get 0 for some of the gains and a good portion of it would be at the 15 percent rate which will reduce my taxes. Perhaps that isn’t really tax loss harvesting but averaging your gains to take advantage of progressive tax rates. Kind of the reverse I suppose, now selling the deferred gains earlier than needed to take advantage of low tax rates during retirement.
Unlikely humans can beat the indexes but most likely AI can, I suppose it depends on the cost of all that compute power and the fees that need to be charged. A low cost AI powered fund would be what would interest me.