ETFs

ETF (UCITS compliant)

L&G Artificial Intelligence UCITS ETF

USD Accumulating ETF Class

ISINIE00BK5BCD43

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
Base currency USD
Fund launch date 2 Jul 2019
Share class launch 2 Jul 2019
Domicile Ireland
Replication method Physical - full replication

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

ProviderROBO Global®
Bloomberg codeTHNQTR
Reuters code.THNQTR
TypeTotal Return
WebsiteGo to website

Performance

Performance for the USD Accumulating unit class in USD, launched on 02 July 2019. Source: Lipper. Performance assumes all ETF charges have been taken and that all income generated by the investments, after deduction of tax, remains in the ETF.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date: 02 Jul 2019
Benchmark: ROBO Global® Artificial Intelligence Index TR
Share class launch date: 02 Jul 2019
Benchmark: ROBO Global® Artificial Intelligence Index TR

Performance scenarios

The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product with input from the over the last 10 years. Markets could develop very differently in the future.

Example investment: 10,000 USD

Data for the selected period isn't currently available

Portfolio breakdown

Top 10 constituents23.7%
Rest of Index76.3%
Number of constituents in Index55

Top 10 constituents (%)

Tempus AI2.5
Datadog2.5
Everpure Inc.2.4
Advanced Micro Devices2.4
Cloudflare2.4
Global Unichip2.4
Meta2.3
Palo Alto Networks2.2
Marvell Technology Inc2.2
Crowdstrike Holdings2.2

Sector (%)

Information Technology
74.0
Consumer Discretionary
8.2
Communication Services
7.3
Health Care
6.8
Financials
2.5
Industrials
1.2

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.

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Fund managers

L&G Index Fund Management Team headshot

L&G Index Fund Management Team

The skill set and expertise we have developed over 35+ years in index management has allowed us to continuously evolve our investment processes. The Index Fund Management team comprises 30 fund managers with an average experience of 15 years, supported by 33 broader team members. Management oversight is provided by Dave Barron, Global Head of Index, ETFs & Systematic Solutions. The team also has full access to the resources and research of other specialists within L&G, including economists and strategists.

SFDR categorisation

Environmental characteristics
Social characteristics

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.

Literature

Prices

Pricing information

Price time16:00 EST (NY)
CurrencyUSD
Monthly price history

Download full price history

Listings and codes

Listings

ExchangeCurrencyTickerISINBloombergWKNReutersListing dateTrading hours (local)
London Stock Exchange
GBPAIAGIE00BK5BCD43AIAG LNA2PM50AIAG.L02/07/201908:00 - 16:30
London Stock Exchange
USDAIAIIE00BK5BCD43AIAI LNA2PM50LGAIAI.L02/07/201908:00 - 16:30
Borsa Italiana
EURAIAIIE00BK5BCD43AIAI IMA2PM50LGAIAI.MI10/09/201909:00 - 17:30
Deutsche Börse Xetra
EURXMLDIE00BK5BCD43XMLD GYA2PM50AIAG.DE10/09/201909:00 - 17:30
SIX Swiss Exchange
CHFAIAIIE00BK5BCD43AIAI SWA2PM50AIAIR.S05/06/202009:00 - 17:30
Bolsa Mexicana
MXNAIAIIE00BK5BCD43AIAIN MMA2PM50AIAIN.MX17/08/202309:00 - 17:30

Share class codes

ISINIE00BK5BCD43
SEDOLBKF34R8
BloombergAIAI
WKNA2PM50

Dealing information

IssuerLegal & General UCITS ETF Plc
Depositary and TrusteeThe Bank of New York Mellon SA/NV, Dublin Branch
Securities regulatorCentral Bank of Ireland

Country registration

This share class is registered for sale in the following countries:

Austria
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Netherlands
Norway
Portugal
Singapore*
Spain
Sweden
Switzerland
United Kingdom

* 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.