A new exchange-traded fund issued by Goldman Sachs Asset Management has been tradable on Xetra and via Börse Frankfurt since Tuesday.
The Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF offers investors access to a wide range of companies from industrialised nations worldwide. The selection and weighting of the individual companies is based on the climate protection goal of the Paris Climate Agreement. The goal is to reduce greenhouse gas emissions by 50 per cent compared to the main index and to decarbonise by seven per cent annually.
Companies that are not in line with the principles of the United Nations Global Compact, are involved in serious ESG-related controversies or are active in the tobacco, coal and fossil fuel sectors are excluded.
| Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
| Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF – Class USD (Acc) | Equity-ETF | IE000HPBRE54 | 0.24 per cent | accumulating | Solactive ISS ESG Developed Markets Paris Aligned Benchmark USD Index NTR |
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.