ISA's - Climate Change & AI

Goldman2020

Can you suggest some Climate Change funds that have performed consistently well over the last few years and can be invested in as an ISA?

I am also interested AI (Artificial Inteligence) / Technology type funds which have performed consistently well over the last few years and can be invested in as an ISA? - Any suggestions?

Thank you in advance for any positive suggestions/ helpful comments.

kidmugsy

Goldman Sachs, is that you?

bowlhead99

Goldman2020 wrote: »

Can you suggest some Climate Change funds that have performed consistently well over the last few years and can be invested in as an ISA?

No such fund exists.

I am also interested AI (Artificial Inteligence) / Technology type funds which have performed consistently well over the last few years and can be invested in as an ISA? - Any suggestions?

Various funds have some stocks with exposure to AI. For example, Amazon and Alphabet (Google) generate a portion of their income from the market, and lots of funds hold them. But there aren't many funds which would invest exclusively in pure AI plays. There isn't really enough UK investor demand to go so specific.

There are a couple of ETFs which focus on robotics or AI type tech (iShares has one targeting robotics and automation and some of its portfolio will be AI exposed, though AI is not it's main target).

Really you are probably better looking just generally at tech funds and seeing which have an investment strategy you get along with and might suit your objectives. Investment trusts like Polar Capital Technology Trust or Scottish b Mortgage, or funds such as Axa Framlington Global Technology. Between the investment association 'technology and telecoms' sector funds and the AIC investment trust tech specialists, there are probably only 20 or so investment vehicles to look at.

Why not do that, and tell us which ones are the best and why, for discussion. There is little point just asking us what you should buy and crossing your fingers that the anonymous stranger answering your question has some genuine insight. That's the route to financial ruin.

Prism

Any fund that invests in Apple, Alphabet, IBM, Microsoft and Amazon should cover your AI needs. Thats a Nasdaq or S&P tracker really

Voyager2002

bowlhead99 wrote: »

Various funds have some stocks with exposure to AI. For example, Amazon and Alphabet (Google) generate a portion of their income from the market, and lots of funds hold them. But there aren't many funds which would invest exclusively in pure AI plays. There isn't really enough UK investor demand to go so specific.

There are a couple of ETFs which focus on robotics or AI type tech (iShares has one targeting robotics and automation and some of its portfolio will be AI exposed, though AI is not it's main target).

iShares also offers an ETF in Global Clean Energy, something that would give exposure to an important part of the 'climate change' sector.

BrockStoker

Smith & Williamson offer an Artificial Intelligence focused fund, although it has not been around very long (something to be weary of):
https://www.trustnet.com/factsheets/o/nx9x/smith--williamson-artificial-intelligence-b-acc

Personally I'd stick with PCT as others have suggested.