(GOAI) Amundi Stoxx Global - Ratings and Ratios

Amundi Stoxx Global Artificial Intelligence (GOAI) offers investors a targeted way to tap into the rapidly evolving artificial intelligence sector. Listed on Euronext Paris, this ETF provides exposure to a diversified portfolio of global companies that are leading the charge in AI innovation. With an AUM of 1016.04M EUR, GOAI is a substantial fund that tracks the Morningstar Global Technology TME NR USD index, ensuring a broad and representative coverage of the tech landscape.

One of the standout features of GOAI is its expense ratio of 0.30%, which is relatively low for a sector-specific ETF. This cost-effectiveness is crucial for investors seeking long-term growth without excessive fee erosion. The ETFs portfolio is thoughtfully constructed, blending established technology giants with smaller, high-growth companies that are pushing the boundaries in AI. This balanced approach mitigates some of the volatility associated with investing in emerging technologies.

Investors in GOAI gain access to a globally diversified portfolio of approximately 80 to 100 stocks, selected based on Morningstars rigorous methodology. This approach identifies companies with significant exposure to AI, ensuring that the fund remains aligned with the dynamic nature of the sector. The ETFs liquidity, supported by its substantial AUM, is another attractive feature, particularly for institutional investors and fund managers who require efficient trade execution.

Its important to note that GOAI is denominated in euros but holds primarily US-listed securities. This introduces a currency risk, as fluctuations between the euro and the US dollar can impact returns. Investors may want to consider hedging strategies or monitor currency movements closely. Despite this, GOAI remains a compelling option for those seeking a diversified and cost-effective way to invest in the transformative potential of artificial intelligence.