11.09.2018

Amundi innovates by launching a thematic ETF on Artificial Intelligence

London, 11/09/2018:  Amundi today announces the launch of the Amundi Stoxx Global Artificial Intelligence UCITS ETF, created to help investors tap into the opportunities offered by Artificial Intelligence (AI), one of the megatrends driving future economic growth.

Artificial Intelligence is a combination of different technologies ranging from machine learning to natural language processing, and computer vision, and is expected to have an impact on all sectors and geographies in the coming years. This innovative ETF offers the opportunity to invest today in companies strongly exposed to AI’s potential growth opportunities.

Amundi Stoxx Global Artificial Intelligence UCITS ETF, offered with ongoing charges[1] of 0.35%, tracks the Stoxx AI Global Artificial intelligence ADTV5 index, which employs an innovative methodology. This systematic selection process analyses stocks according to two metrics:

  • AI exposure: measured as the proportion of AI-related patents granted to the company over three years compared to the total number of patents granted to that company over the same period;
  • AI contribution: measured as the number of patents granted to the company over three years relative to all AI patents given to all companies over the same period.

The Stoxx AI Global Artificial intelligence ADTV5 index is equally weighted, offering diversification across countries, sectors and market capitalisation.

Fannie Wurtz, Managing Director of Amundi ETF, Indexing & Smart Beta, said: “We’re particularly excited to be able to offer investors this innovative ETF which provides a cost-efficient way to gain exposure to Artificial Intelligence, a key driver of future growth. Product innovation is one of the core principles of Amundi ETF and this new listing demonstrates our commitment to providing our clients with new solutions for their long-term investment objectives”.

Product table

ETF

ISIN

Bloomberg
Ticker 

Ongoing charges1

AMUNDI STOXX GLOBAL ARTIFICIAL INTELLIGENCE UCITS ETF

LU1861132840

GOAI FP

0,35%

 

Further information about Amundi ETF can be found on the amundietf.com website.

 

This document is intended solely for journalists and media professionals. The information about the Amundi ETF funds is provided solely to enable journalists and media professionals to have an overview of these funds, and whatever use they make, which is exclusively for independent editorial, Amundi Asset Management assumes no responsibility.

Footnotes

 

  1. ^ [1] Ongoing charges - annual, all taxes included. For Amundi ETF funds, the ongoing charges correspond to the Total Expense Ratio. The ongoing charges represent the charges taken from the fund over a year. When the fund has not closed its accounts for the first time, the ongoing charges are estimated. It compares the annual total management and operating costs (all taxes included) charged to a fund against the value of that fund's assets. Transaction cost and commissions may occur when trading ETFs.

Important information

This document is not intended for use by residents or citizens of the United States of America and “U.S. Persons” as defined by Regulation S of the Securities and Exchange Commission by virtue of the U.S. Securities Act of 1933. You can find the definition of “U.S. Person” in the legal notices of the website: www.amundi.com website and in the prospectus of the fund described in this document.

Promotional, non-contractual information not constituting investment advice or recommendation or solicitation to buy or sell.

Before subscribing, potential investors must consult the regulatory documentation of the Funds approved by the AMF, including the current Key Investor Information Document (KIID) available on the website www.amundi.com or upon request from the registered office of Amundi AM.

Investment in a Fund carries a substantial degree of risk (i.e. risks are detailed in the DICI and prospectus).

The transparency policy and information on the composition of Funds’ assets is available at amundietf.com. The indicative net asset value is published by stockbrokers. Information on the composition of indices is available on the websites of the index suppliers. Units in the Funds acquired on the secondary market may not, in general terms, be directly resold to the Fund.

Investors must buy and sell units on a secondary market with the assistance of an intermediary (e.g. a broker) and, in doing so, may incur costs. In addition, investors may pay more than the current net asset value when they buy units, and may receive less than the current net asset value when they sell them.

Transaction cost and commissions may occur  when trading ETFs.

It is the responsibility of investors to assure themselves as to the compatibility of this investment with the laws of the jurisdiction to which they are subject and of its appropriateness to their investment objectives and financial (including tax) situation.

Information reputed exact as of September 2018.

Reproduction prohibited without the written consent of the Management Company.

Amundi ETF designates the ETF business of Amundi Asset Management.

This Document was not reviewed/stamped/approved by any Financial Authority;

Disclaimer UK

The following funds mentioned in the document are recognized collective investment schemes under s.264 of the United Kingdom Financial Services and Markets ACT 2000: Amundi Stoxx Global Artificial Intelligence UCITS ETF.

This document is being issued in the United Kingdom by Amundi Asset Management  which is authorized by the Autorité des Marchés Financiers and subject to limited regulation by the Financial Conduct Authority for the conduct of investment business in the United Kingdom under number 401883 with its registered office at 41 Lothbury, London EC2R 7HF. Details about the extent of regulation by the FCA are available on request. This document is only directed at persons who are professional clients or eligible counterparties for the purposes of the FCA’s Conduct of Business Sourcebook. The investments described herein are only available to such persons and this document must not be relied or acted upon by any other persons. This document may not be distributed to any person other than the person to whom it is addressed without the express prior consent of Amundi.

Disclaimer Stoxx

The Stoxx AI Global Artificial intelligence ADTV5 Index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland (“STOXX”), Deutsche Börse Group or their licensors, which is used under license. AMUNDI STOXX GLOBAL ARTIFICIAL INTELLIGENCE UCITS ETF is neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the Stoxx AI Global Artificial intelligence ADTV5 index or its data.

Footnotes

 

  1. ^ [1] Ongoing charges - annual, all taxes included. For Amundi ETF funds, the ongoing charges correspond to the Total Expense Ratio. The ongoing charges represent the charges taken from the fund over a year. When the fund has not closed its accounts for the first time, the ongoing charges are estimated. It compares the annual total management and operating costs (all taxes included) charged to a fund against the value of that fund's assets. Transaction cost and commissions may occur when trading ETFs.

Having been a pioneer of the European ETF market, Amundi ranks among the top five European ETF providers[1], with close to €42bn in assets under management[2]. Amundi ETF offers investors a broad range of more than 100 ETFs characterized by continuous innovation and competitive prices.

Dedicated teams are located in major European countries and rely on a wide network of “Authorised Participants” (more than 65 market makers).

Footnotes

 

  1. ^ [1] Source: DB ETF Monthly Review & Outlook – end July 2018
  2. ^ [2] Source: Amundi ETF at end July 2018

Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10[1] globally. It manages more than 1.46 trillion[2] euros of assets across six main investment hubs[3]. Amundi offers its clients in Europe, Asia-Pacific, the Middle-East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes.  Headquartered in Paris, and listed since November 2015, Amundi is the 1st asset manager in Europe by market capitalization[4].

Leveraging the benefits of its increased scope and size, Amundi has the ability to offer new and enhanced services and tools to its clients. Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.

Amundi. Confidence must be earned.

 

Visit amundi.com for more information or to find an Amundi office near you.

Footnotes

4 Amundi figures as of June 30, 2018

  1. ^ [1] Source IPE “Top 400 asset managers” published in June 2018 and based on AUM as of end December 2017.
  2. ^ undefined
  3. ^ [3] Investment hubs: Boston, Dublin, London, Milan, Paris and Tokyo
  4. ^ [4] Based on market capitalization as of June 30, 2018