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L&G launches new AI, health tech and water supply ETFs on Xetra


Legal & General UCITS ETF has launched three new ETFs focused on artificial intelligence, health technology and the water supply sector on Xetra and Börse Frankfurt.

The L&G Artificial Intelligence UCITS ETF gives investors the opportunity to participate in the performance of companies active in the field of artificial intelligence. Companies from the two sub-sectors of technologies, applications and services are represented in the index. The weighting is based on a scoring according to turnover, investment level and market positioning in the respective sector. All three ETFs consider companies located worldwide.
The L&G Healthcare Breakthrough UCITS ETF invests in companies that generate part of their sales in the healthcare technology sector. These include diagnostics, genetic research, regenerative medicine, telemedicine, medical instruments as well as the automation of laboratory processes and data analysis. The companies are weighted by means of scoring, too. 
In addition, the L&G Clean Water UCITS ETF offers the opportunity to participate in the value development of companies in the global water supply sector. According to the index, only companies with sufficient expertise in the supply of clean water are selected. The index is equally weighted. 

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