Paris-based asset manager Amundi has launched three new ETFs designed to provide investors with targeted exposure to the AI and future technology megatrends.
The Global Space Technologies UCITS ETF, the Global Critical Metals & Rare Earths UCITS ETF, and the Global Electrification Infrastructure UCITS ETF will be listed on Xetra and Euronext Paris on 20 October.
The first of these offers exposure to the space value chain, such as space infrastructure, launchers or ground stations critical to navigation, surveillance and global connectivity.
The second ETF seeks to capture exposure to companies involved in business operations in the field of metals and rare earths, essential to the development of the AI value chain and energy technologies.
Meanwhile the third fund provides exposure to companies enabling the electrification of the economy, power grids, transmission and distribution infrastructure, critical to meeting structural electricity demand growth and to ensuring grid infrastructure resilience and reliability.
Benoit Sorel, Head of ETF & Indexing business line at Amundi, said: “With these three ETFs, Amundi is accelerating the development of its range of thematic solutions, offering both retail and institutional investors a more precise way to access specific and high-conviction themes, such as AI and future technology.”