
Buy
Xtrackers Artificial Intelligence & Big Data UCITS ETF 1C
Transaction Details
- Value:
- 839 €
- Transaction Size:
- 7.0%
Portfolio Status
- Portfolio Total:
- 11 972 €
- Cash:
- 144 €
- Cash %:
- 1.2%
Hopped on the AI train a little. I have wanted for some time now to increase the portfolio exposure to AI and American tech stocks in general. I believe that the momentum will last a short while more, but we are getting closer to the peak of AI rivalry.
AI has been a personal interest of mine for a while now and I see so much potential in it. I know that the stocks have incredibly high expectation loaded on the share prices and that those expectation may never realize, making this a rather risky investment right now. But I have always believed that owning companies is a wonderful way to get to know the products, the business models and how whole industries work. So this is not just an investment, but also a personal opportunity to learn.
With this ETF I think the portfolio gets a reasonably good exposure with relatively modest costs (about 0,6%). I have no problem selling this position if the valuations climb up a notch still, as most of this sector is valued at very high multiples. I’m not expecting this position to last very long in the portfolio.