# Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD (IAIX) **Page:** https://fundology.uk/fund/iaix · ISIN IE000LGWDNE5 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, IAIX (Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD, ISIN IE000LGWDNE5) closed at £7.15 on the London Stock Exchange. Its ongoing charge is 0.37% a year (about £37 on £10,000). Over the year to 13/11/2026 its total return was +16.1%, or +12.0% after UK CPIH inflation. ## Summary Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Invesco, launched in 2024. It tracks the S&P Kensho Global Artificial Intelligence Enablers Screened Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.37% a year — about £37 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£7.15** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IAIX | | ISIN | IE000LGWDNE5 | | Also listed as | IVAI (London Stock Exchange, US dollars) | | Category | Technology | | Type | ETF | | Provider | Invesco | | Tracks | S&P Kensho Global Artificial Intelligence Enablers Screened Index | | Income | Accumulating | | Ongoing charge | 0.37% a year (£37 per £10,000) | | Fund size | £31.1m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 30/10/2024 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +16.06% | +11.95% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2025 +18.9%; 2026 to 13/11/2026 +17.3%. Returns of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +36.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +18.9% | +14.9% | Price | | 2026 to 13/11/2026 | +17.3% | +13.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 31.04% | -19.59% | ## Largest fall Volatility of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 31.0% over 1 year. Largest fall in the price of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD since November 2024, in pounds: −29.7% from 24/01/2025 to 04/04/2025. The lowest 12-month return of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since November 2024 was +12.6% (12 months to 06/11/2026); the highest was +83.5% (12 months to 29/05/2026). On 13/11/2026 the price of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD was 16.9% below its highest weekly close since November 2024 (02/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD 0.37% a year. Compared on 14/11/2026, 91 of the 119 other technology funds charge more, 1 the same and 27 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.37%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 12/11/2026, IAIX holds 46 positions, according to its published holdings. The largest is EPAM Systems at 4.31% of the fund; the ten largest make up 32.4%. ### Top holdings Largest positions (as of 12/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | EPAM Systems | [EPAM](https://fundology.uk/stock/EPAM) | 4.31% | | 2 | Kyndryl | [KD](https://fundology.uk/stock/KD) | 3.89% | | 3 | Teradata | [TDC](https://fundology.uk/stock/TDC) | 3.48% | | 4 | C3.ai | [AI](https://fundology.uk/stock/NYSE:AI) | 3.28% | | 5 | ExlService | [EXLS](https://fundology.uk/stock/EXLS) | 3.27% | | 6 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 3.05% | | 7 | Lattice Semiconductor | [LSCC](https://fundology.uk/stock/LSCC) | 2.84% | | 8 | Everpure · Class A | [P](https://fundology.uk/stock/P) | 2.81% | | 9 | Equinix | [EQIX](https://fundology.uk/stock/EQIX) | 2.78% | | 10 | NetApp | [NTAP](https://fundology.uk/stock/NTAP) | 2.71% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 29/10/2026. | Sector | Weight | |---|---| | Information Technology | 84.9% | | Industrials | 5.3% | | Communication Services | 4.5% | | Real Estate | 2.7% | | Consumer Discretionary | 2.5% | ### By country As published for the fund, as of 29/10/2026. | Country | Weight | |---|---| | United States | 74.5% | | China | 9.1% | | Taiwan | 5.4% | | Canada | 3.6% | | Israel | 3.0% | | Germany | 2.3% | | Belgium | 2.1% | All 46 holdings: https://fundology.uk/fund/iaix/holdings ## Questions people ask **What is the ongoing charge of IAIX?** The ongoing charge of IAIX is 0.37% a year — about £37 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Artificial Intelligence Enablers UCITS ETF AccumUSD 0.37% a year. Compared on 14/11/2026, 91 of the 119 other technology funds charge more, 1 the same and 27 less (share classes counted once). **What does IAIX track?** IAIX tracks the S&P Kensho Global Artificial Intelligence Enablers Screened Index. **Is IAIX accumulating or distributing?** IAIX is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of IAIX?** The ISIN of IAIX is IE000LGWDNE5. An ISIN identifies one exact share class of a fund; IAIX is its ticker on the London Stock Exchange. The same share class is also listed as IVAI (London Stock Exchange, US dollars). **What does IAIX hold?** As of 12/11/2026, IAIX holds 46 positions, according to its published holdings. The largest is EPAM Systems at 4.31% of the fund; the ten largest make up 32.4%. Its ten largest holdings are EPAM Systems (4.31%), Kyndryl (3.89%), Teradata (3.48%), C3.ai (3.28%), ExlService (3.27%), Microsoft (3.05%), Lattice Semiconductor (2.84%), Everpure · Class A (2.81%), Equinix (2.78%) and NetApp (2.71%). **What were IAIX’s returns in each of the last five years?** Calendar-year returns of IAIX in pounds (price, with income reinvested in the fund): 2025 +18.9%; 2026 to 13/11/2026 +17.3%. Past performance is not a guide to future returns. **How has IAIX done after inflation?** Over the year to 13/11/2026 IAIX’s total return was +16.1%, or +12.0% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.