Since Tuesday, a new exchange-traded fund issued by HANetf has been tradable on Xetra and via Börse Frankfurt.
The European Green Deal UCITS ETF offers investors a sustainable investment in around 50 equally weighted companies that can potentially benefit from the European Green Deal. The selected companies must generate at least 20 per cent of their turnover in Europe in one or more of the four business areas: clean energy, sustainable mobility, refurbished, energy-efficient buildings or circular economy. In addition, they must have a market capitalisation of at least 500 million euros and be among the two-thirds best companies based on environmental scoring.
The European Green Deal is a concept of the European Commission with the aim of achieving climate neutrality by 2050. It comprises a set of measures to promote resource efficiency and describes the necessary investments and financing options.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Referenzindex|
|European Green Deal UCITS ETF||Equity ETF||IE0007WMHDE3||0.60 per cent||accumulating||SGI Europe-an Green Deal ESG Screened Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,051 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.