Deutsche Börse welcomes Nordea Asset Management as new active ETF issuer on Xetra
Deutsche Börse welcomes Nordea Asset Management as new active ETF issuer on Xetra
Since Friday, the first active exchange-traded funds from Nordea have been tradable on Xetra and Börse Frankfurt.
The BetaPlus Enhanced Sustainable Equity product range consists of actively managed ETFs that combine sustainability with a quantitative bottom-up investment approach and a fundamental overlay.
The two-stage BetaPlus Enhanced approach first selects companies using a responsible investment policy and taking ESG factors into account. In the second step, the remaining stocks from the investment universe are analyzed using traditional financial measures such as risk and valuation. Undervalued securities are overweighted, while potentially underperforming securities are underweighted. The first two active ETFs differentiate between companies worldwide and companies from developed countries according to their regional focus.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
BetaPlus Enhanced Global Sustainable Equity UCITS ETF - USD Acc ETF | Active Equity ETF | IE000ASNLWH9 | 0.25% | accumulating |
BetaPlus Enhanced Global Developed Sustainable Equity UCITS ETF - USD Acc ETF | Active Equity ETF | IE00060Z4AE1 BPDU (USD) | 0.25% | accumulating |
The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,465 ETFs, 202 ETCs and 260 ETNs. With this selection and an average monthly trading volume of around €23 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.