The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Artificial Intelligence and Big Data Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to track the performance of companies involved in the development and utilization of artificial intelligence ("AI") and big data. The fund is non-diversified.
IPO Year: n/a
Exchange: NASDAQ
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NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds, today announced that the Global X Artificial Intelligence & Technology ETF (AIQ) has surpassed USD 1 billion in assets under management (AUM). This important milestone represents both the firm's legacy and expertise in thematic investing as well as the rapid rise of artificial intelligence (AI) and its role in accelerating disruption across industries. AIQ, which seeks to invest in companies that potentially stand to benefit from the further development and utilization