Two new exchange traded funds from issuer Amundi have been tradable via Xetra and Börse Frankfurt since Tuesday.
With the Amundi Index MSCI Europe SRI UCUTS ETF (DR) (D) and the Amundi Index MSCI Emerging Markets SRI UCITS ETF (DR) (D), investors looking for a responsible investment can participate in large and medium-sized companies from 15 developed countries in Europe or 26 emerging markets worldwide.
Companies with significant business activities related to fossil fuels and the arms, tobacco, adult entertainment, alcohol, gambling, or nuclear energy sectors are excluded from the MSCI Europe and the MSCI Emerging Markets equity universe. The remaining stocks are than sorted, so that the companies with the best ESG profiles are overweighted in accordance with the best-in-class approach.
The weighting of a company is limited to a maximum of five per cent. Any dividend income is distributed to the investors.
|Name||Asset class||ISIN||On-going charges||Distribution policy||Reference index|
|Amundi Index MSCI Europe SRI UCITS ETF (DR) (D)||Equity ETF||LU2059756598||0.18 per cent||Distributing||MSCI Europe SRI Filtered ex Fossil Fuels Index|
|Amundi Index MSCI Emerging Markets SRI UCITS ETF (DR) (D)||Equity ETF||LU2059756754||0.25 per cent||Distributing||MSCI Emerging Markets SRI Filtered ex Fossil Fuels Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,726 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.