L&G ROBO GLOBAL® ROBOTICS AND AUTOMATION UCITS ETF
AUM (USD m):
Share Class Currency:
27 Nov 2023
The ROBO Global® Robotics and Automation UCITS Index is comprised of robotics and automation related companies. In order to be eligible for inclusion in the Index, companies must be of a certain minimum size, their shares must be subject to minimum stock exchange trading volumes and they must be traded on recognised global stock exchanges. For the selection process, the Index classifies companies as either (1) "bellwether" stocks, which are companies the majority of whose business is related to robotics and automation; or (2) "non-bellwether" stocks, which are companies that have a distinct portion of their business involved in robotics and automation. The Index allocates 40% to "bellwether" and 60% to "non-bellwether".