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Stock impact report

Xtrackers by DWS Launches Artificial Intelligence and Big Data ETF XAIX

Xtrackers Artificial Intelligence and Big Data ETF (XAIX) 
Company Research Source: Business Wire
New thematic fund utilizes Nasdaq’s systematic patent screening process to identify promising AI innovators and disruptive technology companies of the future NEW YORK--(BUSINESS WIRE)--DWS, a leading global asset manager, announced the launch of the Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ: XAIX). This fund aims to provide investors with targeted exposure to companies actively positioning themselves to be the producers of Artificial Intelligence (AI) innovation and Big Data technologies of the future."By launching XAIX in the U.S., we aim to offer investors broad access to the AI and Big Data technology producers powering the market today, and the ones that are poised to fuel the next stages of market growth beyond the AI-mega-caps,” said Olivier Souliac, Head of Indexing for Xtrackers products at DWS Group.The Nasdaq Global Artificial Intelligence and Big Data™ Index is designed to track the performance of companies that are most active in filing patents related Show less Read more
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