Invesco Artificial Intelligence Enablers UCITS ETF Acc
| Issuer: Invesco |
| Asset Class: Equity |
| TER: 35bps |
| Trading Currency: USD |
| Pays Income: False |
| Listing Date: 01 Nov 2024 |
| Ticker: IVAI |
| ISIN: IE000LGWDNE5 |
This actively managed fund offers targeted exposure to the foundational companies powering the artificial intelligence revolution. The strategy focuses on 'AI Enablers'—businesses providing the essential infrastructure, hardware, and software that underpin AI development and deployment. This includes areas like advanced semiconductors, cloud computing platforms, data management tools, and cybersecurity. Unlike strategies that invest in companies simply using AI, this approach targets the core 'picks-and-shovels' of the AI ecosystem. The active management component allows the portfolio managers to navigate the rapidly evolving technology landscape, selecting companies they believe are best positioned for long-term growth without the constraints of a passive index.
The portfolio is typically concentrated, holding a select number of global companies identified through rigorous fundamental analysis. The investment process seeks to identify innovators and market leaders with durable competitive advantages and direct revenue exposure to the AI value chain. This can include both established technology giants and smaller, high-growth companies at the forefront of AI development. By focusing on the enabling technologies, the fund aims to capitalize on the widespread adoption of AI across various sectors of the global economy, potentially offering a more fundamental way to participate in this transformative theme.
This product is designed for investors with a long-term growth objective and a higher tolerance for risk, given its thematic focus and concentrated nature. It represents a sophisticated way to invest in the technology sector, moving beyond broad market exposure to a more granular focus on the critical infrastructure driving one of the most significant technological shifts of our time. It may appeal to those who want an expert-driven approach to identifying the key companies building the future of artificial intelligence.
