The Abu Dhabi Securities Exchange (ADX) has unveiled a groundbreaking exchange-traded fund (ETF) designed to provide investors with access to the global companies driving the rapid expansion of artificial intelligence (AI). Launched in collaboration with Abu Dhabi-based investment management firm Lunate, the Boreas S&P AI Data, Power & Infrastructure UCITS ETF targets key sectors essential to AI development, including technology, industrials, utilities, and real estate. The ETF invests in companies that are building and managing critical infrastructure, power systems, and energy grids necessary for the AI-driven economy. Among its portfolio are global giants such as Alphabet (Google’s parent company), Amazon, Oracle, ABB, and Broadcom. The ETF tracks an AI-related data center and power supply infrastructure index, which has historically delivered an annual return of 15.7%, based on back-tested data. As AI continues to grow, the demand for data, computational power, and energy infrastructure is surging, creating significant investment opportunities. Abdulla Salem Alnuaimi, Group CEO of ADX, emphasized the exchange’s commitment to offering innovative investment products that align with global trends, noting that thematic ETFs worldwide have surpassed $300 billion in assets. Sherif Salem, Partner & Head of Public Markets at Lunate, highlighted the ETF’s role in strengthening Abu Dhabi’s position as a global financial hub. ADX, already the region’s leader in ETF listings and trading, continues to expand its offerings to meet the evolving needs of investors.
ADX launches new ETF aimed at access to global heavyweights powering the growth of AI
