First Trust AI UCITS ETF Debuts on LSE: Track Bloomberg’s AI Index Today

The First Trust Bloomberg Artificial Intelligence UCITS ETF commenced trading on the London Stock Exchange today, offering instant exposure to global AI leaders.

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By ETFWorld.co.uk

Rupert Haddon Managing Director at First Trust Global Portfolios

First Trust Bloomberg AI UCITS ETF Lists on London Stock Exchange

This passively managed fund tracks the Bloomberg Artificial Intelligence Select Index—curated by Bloomberg Intelligence to target pure-play AI innovators. As an accumulating UCITS ETF, it automatically reinvests dividends for compounded growth.

Investment Strategy: Capturing AI Innovation

The ETF replicates the Bloomberg Artificial Intelligence Select Index, which exclusively selects companies from Bloomberg’s proprietary AI Basket. Eligibility requires proven involvement in:

• AI algorithm development

• Automation/big data infrastructure

• Robotic process deployment
  Index rebalancing occurs quarterly to align with market evolution.

Key ETF Features: Costs, Structure & Listing

• Listing Venue: London Stock Exchange (effective today)

• Replication: Physical Full Replication—holds all index components

• Fees: 0.65% Total Expense Ratio (no hidden costs)

• Income: Accumulating share class (returns reinvested)

• Currency: USD-denominated

• Rebalance: Quarterly adjustments

Why Investors Should Monitor This Launch

• Timely Access: Launch coincides with accelerating AI adoption across industries.

• Regulatory Safety: UCITS-compliant structure ensures EU investor protections.

• Cost Efficiency: Sub-0.7% TER undercuts active AI funds.

• Precision Exposure: Targets only firms vetted by Bloomberg’s AI-focused methodology.

Conclusion
Today’s LSE listing of the First Trust Bloomberg AI UCITS ETF provides a low-cost, transparent gateway to artificial intelligence equities. With physical replication, quarterly rebalancing, and accumulating returns, it eliminates stock-picking risks while capitalizing on AI’s disruptive potential.

Source: ETFWorld