Since Tuesday, two new active exchange-traded funds issued by iShares have been tradable on Xetra and Börse Frankfurt.
The iShares AI Innovation Active UCITS ETF is actively managed and invests at least 70 per cent of its total assets in companies whose main business activity is the promotion, development and use of artificial intelligence (AI) technologies. The fund focuses primarily on large, mid- and small-cap companies based in developed markets.
The iShares World Equity Factor Rotation Active ETF is actively managed and uses a proprietary factor rotation model to select companies from developed markets. The goal is to achieve long-term capital growth through a diversified and tactical portfolio that invests in individual style factors.
| Name | Asset class | ISIN | Ongoing charges | Distribution policy |
| iShares AI Innovation Active UCITS ETF USD (Acc) | Active Equity ETF | IE000G0E83X3 | 0.73 per cent | Accumulating |
| iShares World Equity Factor Rotation Active UCITS ETF USD (Acc) | Active Equity ETF | IE0009Y1MQJ2 | 0.30 per cent | Accumulating |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,335 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.