Net Asset Value(s)

The table reports 20 October 2026 valuation data for three Pictet AI Enhanced equity ETFs. The US Equity UCITS ETF had 2,840,000 units and a NAV of USD 10.7156 per unit; the World Equity USD Dis ETF had 1,290,000 units and a NAV of USD 10.5309; the World Equity USD Acc ETF had 45,820,000 units and a NAV of USD 10.5573.

Analysis

This is a valuation snapshot, not evidence of investor flows, performance, or a change in the funds’ investment outlook. The USD distributing and accumulating World share classes are not directly comparable by NAV per unit: distributions and share-class mechanics can create different unit values without implying different underlying returns. The unit counts also do not establish subscriptions or redemptions without a prior-period comparison and confirmation of what “Units” represents. No competitive or earnings read-through is supported by the supplied data. Treat this as operational monitoring rather than a directional signal; any thesis on the AI-enhanced strategy requires holdings, benchmark-relative returns, fees, and flow data.

Key Decisions for Investors

• No trade on this disclosure alone; avoid inferring performance or flows from NAV levels or unit counts.
• Verify whether the reported unit counts are outstanding shares or portfolio positions, and compare with prior dates before interpreting fund flows.
• Monitor the funds’ holdings, benchmark-relative returns, tracking error, fees, and creations/redemptions; reassess only if these show persistent divergence or material flows.