L&G Artificial Intelligence UCITS ETF
ETF (UCITS compliant)
L&G Artificial Intelligence UCITS ETF
USD Accumulating ETF Class
ISINIE00BK5BCD43
Price
TER0.49%
ISINIE00BK5BCD43
Price
TER0.49%
Fund aim
The L&G Artificial Intelligence UCITS ETF (the "ETF") aims to track the performance of the ROBO Global® Artificial Intelligence Index TR (the “Index”).
Fund snapshot
- Long-term allocation
Long-term megatrend that we believe is radically transforming the way we live and work
- High growth potential
Aims to capture the outsized growth potential of the global artificial intelligence technology industry
- Leveraging industry expertise
An index tracking investment strategy that is supported by a team of artificial intelligence technology experts
- Does it promote sustainability characteristics?
The Fund promotes a range of environmental and social characteristics which are met by tracking the Index. Further information on how such characteristics are met by the Fund can be found in the Fund Supplement.
Fund facts
Fund size | $672.4m |
Base currency | USD |
Fund launch date | 2 Jul 2019 |
Domicile | Ireland |
Share class launch | 2 Jul 2019 |
Replication method | Physical - full replication |
ISA eligible | Yes |
SIPP eligible | Yes |
UK Fund Reporting status | Yes |
Benchmark
ROBO Global® Artificial Intelligence Index TR
Index description
ROBO Global® Artificial Intelligence Index TR
The Index aims to track the performance of a basket of companies that have a distinct portion of their business and revenue derived from the field of Artificial Intelligence, and the potential to grow within this space through innovation and/or market adoption of their products and/or services.
The index is comprised of companies which are publicly traded on various stock exchanges around the world that are exposed to the "Artificial Intelligence" theme as defined by ROBO Global®. ROBO Global® created and maintains a unique database of companies across the globe that have a portion of their business and revenue associated with Artificial Intelligence and enabling technologies. The ROBO Global® Industry Classification currently identifies 11 subsectors of the Artificial Intelligence theme that present a suitable level of product and technology maturity to carry high growth and returns potential.
A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to the total market value of its shares) and it is sufficiently "liquid" ( a measure of how actively its shares are traded on a daily basis). Within the Index, companies are weighted according a modified AI-factor weighting scheme. The Index is rebalanced quarterly in March, June, September and December.
Index data
Provider | ROBO Global® |
Bloomberg code | THNQTR |
Reuters code | .THNQTR |
Type | Total Return |
Website | Go to website |
Performance
Portfolio breakdown
As at 31 Jan 2024
Top 10 constituents | 23.0% |
---|---|
Rest of Index | 77.0% |
No. of constituents in Index | 61 |
---|
Top 10 constituents (%)
Advanced Micro Devices | 2.8 |
NVIDIA | 2.8 |
ASML | 2.4 |
Palo Alto Networks | 2.3 |
Microsoft | 2.2 |
Crowdstrike Holdings | 2.2 |
Autodesk | 2.1 |
Pure Storage | 2.1 |
Analog Devices | 2.1 |
Arista Networks | 2.1 |
Sector (%)
Information Technology | 75.9 |
Consumer Discretionary | 10.1 |
Health Care | 5.1 |
Financials | 3.9 |
Communication Services | 2.5 |
Industrials | 1.3 |
Real Estate | 1.3 |
Top 10 constituents | 23.0% |
---|---|
Rest of Index | 77.0% |
No. of constituents in Index | 61 |
---|
Top 10 constituents (%)
Advanced Micro Devices | 2.8 |
NVIDIA | 2.8 |
ASML | 2.4 |
Palo Alto Networks | 2.3 |
Microsoft | 2.2 |
Crowdstrike Holdings | 2.2 |
Autodesk | 2.1 |
Pure Storage | 2.1 |
Analog Devices | 2.1 |
Arista Networks | 2.1 |
Sector (%)
Information Technology | 75.9 |
Consumer Discretionary | 10.1 |
Health Care | 5.1 |
Financials | 3.9 |
Communication Services | 2.5 |
Industrials | 1.3 |
Real Estate | 1.3 |
Currency (%)
USD | 91.0 |
TWD | 4.7 |
EUR | 2.9 |
GBP | 1.3 |
CNY | 0.2 |
Country (%)
United States | 83.1 |
Taiwan | 4.7 |
Canada | 1.8 |
Cayman Islands | 1.8 |
France | 1.6 |
Israel | 1.5 |
Ireland | 1.5 |
Luxembourg | 1.4 |
United Kingdom | 1.3 |
Other | 1.5 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index. The ETF’s portfolio may deviate from the portfolio of the Index.
Fund managers
LGIM Index Fund Management Team
The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.
Sustainability
SFDR categorisation
Article 8The Fund promotes the above-mentioned characteristics by tracking the ROBO Global Artificial Intelligence Index TR (the “Index”), which is a designated reference benchmark for the purpose of attaining the environmental and social characteristics promoted by the Fund. Whilst environmental and social characteristics are promoted through the application of the sustainability-related investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.
The Fund promotes the above-mentioned characteristics by tracking the ROBO Global Artificial Intelligence Index TR (the “Index”), which is a designated reference benchmark for the purpose of attaining the environmental and social characteristics promoted by the Fund. Whilst environmental and social characteristics are promoted through the application of the sustainability-related investment strategy, investors are reminded that these environmental and social characteristics are not sustainable investment objectives.
The Fund follows the following sustainability-related investment strategy by tracking the Index that applies:
Literature
Document type
Prices
Pricing information
Price time | 16:00 EST (NY) |
Currency | USD |
Listings and codes
Listings
Exchange | Currency | Ticker | ISIN | Bloomberg | Reuters | Listing date | Trading hours (local) |
---|---|---|---|---|---|---|---|
London Stock Exchange | GBP | AIAG | IE00BK5BCD43 | AIAG LN | AIAG.L | 02/07/2019 | 08:00 - 16:30 |
London Stock Exchange | USD | AIAI | IE00BK5BCD43 | AIAI LN | LGAIAI.L | 02/07/2019 | 08:00 - 16:30 |
Borsa Italiana | EUR | AIAI | IE00BK5BCD43 | AIAI IM | LGAIAI.MI | 10/09/2019 | 09:00 - 17:30 |
Deutsche Börse Xetra | EUR | XMLD | IE00BK5BCD43 | XMLD GY | AIAG.DE | 10/09/2019 | 09:00 - 17:30 |
SIX Swiss Exchange | CHF | AIAI | IE00BK5BCD43 | AIAI SW | AIAIR.S | 05/06/2020 | 09:00 - 17:30 |
Bolsa Mexicana | MXN | AIAI | IE00BK5BCD43 | AIAIN MM | AIAIN.MX | 17/07/2023 | 09:00 - 17:30 |
Codes
ISIN | IE00BK5BCD43 |
SEDOL | - |
Bloomberg | AIAI |
MEX | - |
Dealing information
Issuer | Legal & General UCITS ETF Plc |
Depositary and Trustee | The Bank of New York Mellon SA/NV, Dublin Branch |
Securities regulator | Central Bank of Ireland |
Country registration
This share class is registered for sale in the following countries:
*The Fund is on the list of restricted collective investment schemes, but is not authorised or recognised by the Monetary Authority of Singapore (the “MAS”) and the Shares cannot be offered or marketed to retail clients.