L&G Artificial Intelligence UCITS ETF (AIAI)

Profile

https://oci-global.com

L&G Artificial Intelligence UCITS ETF is an exchange-traded fund that provides investors with targeted exposure to the global artificial intelligence technology sector. Launched on 2 July 2019 and managed by Legal & General Investment Management, one of Europe’s largest asset managers, the ETF tracks the ROBO Global® Artificial Intelligence Index. This index comprises publicly traded companies worldwide deriving significant revenue from AI development, enabling technologies, and applications across 11 subsectors, including those in hardware, software, and services driving AI innovation. The fund holds approximately 52 equities, with top holdings such as Lumentum Holdings, Nebius Group NV, Advanced Micro Devices, Alphabet, and Lam Research Corporation, representing key players in semiconductors, cloud computing, and AI infrastructure. Geographically diversified across North America (56%), Europe ex-UK (10.5%), Asia ex-Japan (7.2%), and other regions, it emphasizes technology (35%) and industrials (32%) sectors. As a UCITS-compliant, accumulating ETF domiciled in Ireland with an ongoing charge of 0.49%, it reinvests dividends and offers cost-effective access to AI-themed growth, holding over €1 billion in assets under management.