WisdomTree has expanded its thematic range with the launch of an artificial intelligence exchange-traded fund, in partnership with Nasdaq and the Consumer Technology Association (CTA).
The WisdomTree Artificial Intelligence UCITS ETF listed on the London Stock Exchange today (5 December) with a total expense ratio (TER) of 0.40%. Tracking the Nasdaq CTA Artificial Intelligence index, the ETF provides investors with exposure to companies that will benefit from the growth in AI adoption. Comprising 52 securities, the index identifies companies that are enhancers, enablers or engagers in the area of artificial intelligence. Engagers make up 50% of the index exposure and are defined as companies that focus on providing AI-powered products and services. Enablers to...
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