Pictet AI & Automation ETF (PBOT)

Pictet AI & Automation ETF (PBOT) is an actively managed exchange-traded fund from Pictet Asset Management that invests in companies developing or benefiting from artificial intelligence and automation technologies.

The portfolio is global and thematic. It targets businesses across the value chain of intelligent automation, including semiconductor and hardware makers, AI software and data platforms, industrial robotics and factory automation, and companies whose operations or products are being transformed by these technologies. Holdings are selected through fundamental research by Pictet's thematic equities team rather than by tracking an index.

Pictet is a Geneva-based investment and wealth management group founded in 1805. It is known for its long-running range of thematic equity strategies, which it has brought to the U.S. ETF market.