New WisdomTree-ETF on Xetra with focus on artificial intelligence

Release date: 11 Jan 2019 | Deutsche Börse Cash Market

New WisdomTree-ETF on Xetra with focus on artificial intelligence

Since Friday, a new Exchange Traded Fund of the issuer WisdomTree is tradable via Xetra and Börse Frankfurt.

The WisdomTree Artificial Intelligence UCITS ETF gives investors the opportunity to participate in the performance of companies that are active in the field of artificial intelligence and are classified by the Consumer Technology Association (CTA) as Enablers, Developers or Enhancers.

The Benchmark Index uses the AI Intensity Rating, which measures the perceived level of a company's exposure to the AI industry as an Enabler, Developer, or Extender. Companies in the top 15 of the CTA intensity rating in each category are included in the index. The Benchmark Index uses a modified equal weighting methodology aimed at the following weight distribution by category: Enablers 40 percent; Developers 50 percent; and Expanders 10 percent.

 

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Reference index

WisdomTree Artificial Intelligence UCITS ETF

Equity ETF

DE000A2N7NJ6

0.40 per cent

Accumulating

NASDAQ CTA Artificial Intelligence Index

 

The product range in Deutsche Börse's XTF segment currently comprises a total of 1,371 ETFs. With this selection and an average monthly trading volume of around 13 billion euros, Xetra is the leading trading platform for ETFs in Europe.

Further information