A new exchange-traded fund issued by Amundi Asset Management has been tradable on Xetra and Börse Frankfurt since Thursday.
The Amundi MSCI USA ESG Leaders Extra UCITS ETF Acc EUR Hedged invests in large and medium-sized US companies that are part of the main index MSCI USA, have a solid ESG profile, and a positive trend towards improving this profile.
The underlying benchmark index, MSCI USA Select ESG Rating and Trend Leaders, currently comprises 318 stocks with a similar sector weighting to the main index. The main sectors are financials, healthcare and IT, with Microsoft, Nvidia and Alphabet being the three most represented companies.
It is an accumulating share class that is currency-hedged against the US dollar.
| Name | Asset class | ISIN | Trading currency | Ongoing charges | Reference index |
| Amundi MSCI USA ESG Leaders Extra UCITS ETF Acc EUR Hedged | Equities ETF | IE0004TFW0R5 | EUR | 0,17 per cent | MSCI USA Select ESG Rating & Trend Leaders Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,255 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.