New L&G ETFs on Xetra with focus on artificial intelligence, health technology and water supply
New L&G ETFs on Xetra with focus on artificial intelligence, health technology and water supply
Three new Exchange Traded Funds from Legal & General UCITS ETF plc have been tradable on Xetra and Börse Frankfurt since Tuesday.
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.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
L&G Artificial Intelligence UCITS ETF | Equity ETF | DE000A2PPAU8 | 0.49 | Accumulating | ROBO Global Artificial Intelligence Index |
L&G Healthcare Breakthrough UCITS ETF | Equity ETF | DE000A2PPAV6 | 0.49 | Accumulating | ROBO Global Healthcare Technology and Innovation Index TR |
L&G Clean Water UCITS ETF | Equity ETF | DE000A2PPAT0 | 0.49 | Accumulating | Solactive Clean Water Index NTR |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,495 ETFs. With this selection and an average monthly trading volume of around EUR 11 billion, Xetra is the leading trading platform for ETFs in Europe.