ICBC UBS Launches Global AI ETF Spanning Core AI and Infrastructure

ICBC UBS Asset Management has detailed the ICBC UBS HK-Global Artificial Intelligence ETF, a passive strategy tracking the Solactive G2 AI Economy Select Index. The ETF trades on the Hong Kong Stock Exchange with HKD (03587), RMB (83587) and USD (41587) counters and carries estimated ongoing charges of 0.88%. The index targets 100 companies across AI core businesses and AI-enabling infrastructure, with Hong Kong-listed securities fixed at 62% of the index and non-Hong Kong securities at 38%. Individual holdings are capped at 15%, and the portfolio is rebalanced semi-annually. The fund primarily uses full replication, with representative sampling available when needed. Pasted text Pasted text