iShares AI Infrastructure

ETF description

This ETF invests in a selection of companies around the world that are involved in building the technology and systems used for artificial intelligence (AI). Rather than buying a broad mix of all stocks, it focuses on firms that support the infrastructure behind AI, for example those that make hardware like chips, data‑processing equipment, cloud systems, and other technology that AI applications rely on. It aims to track the performance of an index composed of these types of companies.

This ETF may appeal to an investor who is comfortable with equity market volatility and is interested in gaining targeted exposure to the part of the market supporting AI technologies. It might suit someone who has a medium‑ to long‑term outlook and is willing to accept that a themed, sector‑weighted fund can experience larger swings in value than more diversified funds.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The STOXX Global AI Infrastructure index is designed to reflect the performance of a set of companies that play a central role in the development and evolution of the building block components for artificial intelligence, such as semiconductors, cloud computing and big data technologies.’