Unlock AI Powerhouses in Abu Dhabi's Dynamic Marketplace
Abu Dhabi Securities Exchange just added a new AI-focused investment fund to its growing collection of exchange-traded funds. The fund gives both individual and institutional investors a chance to invest in companies building the infrastructure that powers artificial intelligence growth.
The new Boreas S&P AI Data, Energy & Infrastructure UCITS ETF targets the key sectors supporting AI expansion - industrials, utilities, technology, and real estate. Instead of just investing in AI software companies, this fund focuses on the behind-the-scenes players. Think data centers, power grids, and energy systems that keep AI running.
The fund includes some major global names like Alphabet (Google's parent company), Amazon, Oracle, ABB, and Broadcom. These companies develop and manage the critical infrastructure that AI systems need to function and scale up.
Lunate, the Abu Dhabi-based investment management firm behind the fund, designed it to track a specialized index focused on AI-related data center infrastructure and energy supply. Based on back-tested data, the underlying index has shown annual returns of 15.7%.
This marks the second thematic ETF to list on the Abu Dhabi exchange. Abdullah Salem Al Nuaimi, CEO of ADX Group, pointed out that thematic funds globally have surpassed $300 billion in value. The exchange has seen its own ETF market cap grow 120% by the end of October 2025 compared to the previous year.
For investors, this fund offers exposure to what many see as the next big infrastructure build-out. Just like how the internet boom required massive investments in fiber optic cables and data centers, the AI revolution needs its own infrastructure backbone. The fund captures companies positioned to benefit from this massive capital expenditure cycle.
Sherif Salem, partner and head of capital markets at Lunate, noted this brings their total listed funds to 18 on ADX and 20 overall. The timing makes sense as AI infrastructure spending continues to accelerate globally, with tech giants and governments pouring billions into the physical systems that make AI possible.
Omar Rahman