Since Tuesday, a new actively managed exchange-traded fund issued by AXA Investment Managers has been tradable on Xetra and via Börse Frankfurt.
AXA IM ACT Climate Equity UCITS ETF EUR(H) Acc is actively managed and invests in a globally diversified portfolio of companies that aim to make a positive contribution to reducing climate change. Qualitative and quantitative analysis is used to select companies with attractive fundamentals. In addition, the investment manager aims to achieve the United Nations Sustainable Development Goals (SDGs).
With this share class, AXA IM is expanding its existing offering with the addition of a currency-hedged variant, in which the effects of exchange rate fluctuations are minimised.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy|
|AXA IM ACT Climate Equity UCITS ETF EUR(H) Acc||Active ETF||IE000E66LX20||0.70 per cent||accumulating|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1.976 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.