iShares A.I. Innovation and Tech ETFTSX: XBAI

RBC iShares / BlackRock (XBAI) Opens the Market

· Issued by iShares A.I. Innovation and Tech ETF via Newsfile

Summary by 6ix AI

The RBC iShares alliance added the iShares A.I. Innovation and Tech ETF (TSX: XBAI), an exchange traded fund (a fund whose units trade on a stock exchange like shares), to its lineup. On October 23, 2026, BlackRock and Toronto Stock Exchange representatives opened the market to celebrate the launch.

Key details

  • The market opening was led by Steven Leong, Managing Director, Head of Canada Product and iShares, BlackRock, and Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange.
  • XBAI takes an active approach, meaning its holdings are selected rather than tracking an index. It looks for opportunities across the artificial intelligence value chain: the infrastructure powering A.I., the intelligence and models driving it, and the applications and services using it.
  • XBAI seeks long-term capital growth by primarily investing in equity securities issued by U.S. and non-U.S. A.I. and technology companies.
  • XBAI is the latest addition to iShares' active ETF platform. iShares says it gives Canadian investors an efficient way to broadly access global A.I. opportunities.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/rbc-ishares-blackrock-xbai-opens-the-market

Toronto, Ontario--(Newsfile Corp. - October 23, 2026) - Steven Leong, Managing Director, Head of Canada Product and iShares, BlackRock, joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange ("TSX"), to open the market and celebrate the RBC iShares alliance expanding its exchange traded fund ("ETF") lineup with the launch of the iShares A.I. Innovation and Tech ETF (TSX: XBAI).



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XBAI takes an active approach to identifying opportunities across the artificial intelligence ("A.I.") value chain, from the infrastructure powering A.I. to the intelligence and models driving it, to the applications and services bringing A.I. into the real economy. XBAI seeks to provide long-term capital growth by primarily investing in equity securities issued by U.S. and non-U.S. A.I. and technology companies.

XBAI is the latest addition to iShares' growing active ETF platform, giving Canadian investors an efficient way to broadly access global A.I. opportunities, from the companies building the foundations of A.I., to those translating the technology into real-world products, services and productivity gains.

MEDIA CONTACT:

Sydney Punchard
Media Contact
Blackrock
Sydney.Punchard@blackrock.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/320608

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