A new exchange-traded fund issued by Amundi Asset Management has been tradable on Xetra and via the Frankfurt Stock Exchange since Friday.
The Amundi S&P SmallCap 600 ESG UCITS ETF Dist offers investors the opportunity to invest in a broadly diversified portfolio of US small-cap companies. The selection follows the best-in-class approach, which considers the best companies in each relevant sector based on sustainability criteria. The weighting of the individual sector groups is similar to that of the S&P SmallCap 600 index.
Companies with sales in areas such as tobacco, controversial weapons and thermal coal are excluded from the fund.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|Amundi S&P SmallCap 600 ESG UCITS ETF – Dist||Equity ETF||IE000XLJ2JQ9||0.35 percent||distributing||S&P SmallCap 600 ESG+ Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,007 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.