New on Xetra: Equity ETF from Amundi offers climate-friendly exposure to companies from Europe with currency hedging
New on Xetra: Equity ETF from Amundi offers climate-friendly exposure to companies from Europe with currency hedging
Since Tuesday, a new exchange-traded fund issued by Amundi Asset Management has been tradable via Xetra and Börse Frankfurt.
The Amundi Index MSCI Europe ESG Broad CTB UCITS ETF EUR Hedged Acc provides investors with exposure to large- and mid-capsin developed European markets. Companies with high environmental, social and governance (ESG) standards are overweighted, while companies whose products have a negative social or environmental impact are excluded. In addition, the fund meets the minimum requirements of the EU Climate Transition Benchmark (EU CTB) on climate change with the aim of reducing CO2 emissions by at least 20 per cent compared to the main index.
It is an accumulating share class that is currency-hedged against the euro.
Name | Asset class | ISIN | Distribution policy | Ongoing charges | Reference index |
Amundi Index MSCI Europe ESG Broad CTB UCITS ETF EUR Hedged Acc | Equity ETF | accumulating | 0.14 per cent | MSCI Europe ESG Broad CTB Select Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,295 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.