New on Xetra: Equity ETFs from iShares invest in beneficiaries of artificial intelligence and in companies in the field of AI infrastructure
New on Xetra: Equity ETFs from iShares invest in beneficiaries of artificial intelligence and in companies in the field of AI infrastructure
Since Monday, two new exchange-traded funds from iShares have been tradable on Xetra and Börse Frankfurt.
The iShares AI Adopters & Applications UCITS ETF tracks the performance of the STOXX Global AI Adopters & Applications Index. The companies included in the index are expected to benefit from the advancement of artificial intelligence in various areas such as finance, healthcare, mobility and process automation, as well as in operational areas. The companies are identified based on their detailed sales and patent data in the field of applied AI.
The iShares AI Infrastructure UCITS ETF tracks the performance of the STOXX Global AI Infrastructure Index. This includes companies that play a central role in the development and expansion of artificial intelligence infrastructure. This includes areas such as semiconductors, cloud computing, and big data technologies.
These are accumulating share classes in which the returns are reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares AI Adopters & Applications UCITS ETF USD (Acc) | Equity ETF | 0.35 per cent | accumulating | STOXX Global AI Adopters and Applications Index | |
iShares AI Infrastructure UCITS ETF USD (Acc) | Equity ETF | 0.35 per cent | accumulating | STOXX Global AI Infrastructure Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,313 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.