"L&G Artificial Intelligence UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the ROBO Global Artificial Intelligence Index. This index reflects the development of world wide stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company L&G ETF claims a total expense ratio (TER) of 0.49% per year. The yearly average divergence from the index performance (Tracking Difference) since 2020 was 0.80% per year. Therefore, the ETF was more expensive than the TER suggests.