Overview
Description
Global X AI UCITS ETF is a type of exchange-traded fund that focuses on companies engaged in the development and application of artificial intelligence technologies. Its primary function is to provide investors with exposure to an index of global firms that are at the forefront of AI innovation, encompassing areas such as machine learning, natural language processing, and computer vision. Notable sectors impacted by these companies include technology, healthcare, automotive, and finance, as they integrate AI to enhance operational efficiency, product offerings, and customer engagement.
The ETF's significance in the market lies in its ability to capture the burgeoning growth of the AI sector, offering a diversified portfolio of companies that are leading in AI research and development. Unlike investing in individual companies, this ETF provides broader exposure to the AI industry, thereby spreading risk across multiple firms while capitalizing on emerging technologies that are expected to transform various industries. As a UCITS-compliant product, it aligns with European investment fund standards, ensuring a level of investor protection and regulatory oversight.
About
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR