Amundi has launched an artificial intelligence-focussed ETF on Xetra and the Börse Frankfurt venue.
The new equity ETF gives investors the opportunity to participate in the performance of the STOXX AI Global Artificial Intelligence ADTV5 Index.
The Benchmark Index comprises companies from a broad spectrum of industries that invest heavily in the development of new artificial intelligence (AI) technologies. The companies in the reference index are selected according to the number of AI patents received and must have a three-month average daily trading volume of more than EUR5 million.