A new exchange-traded fund issued by J.P. Morgan has been tradable on Xetra and Börse Frankfurt since Thursday.
The JPM Carbon Transition Global Equity UCITS ETF – EUR Hedged (acc) offers investors the opportunity to participate in the performance of companies from industrialised countries with medium and large market capitalisations that contribute to the decarbonisation of the economy.
Only companies that benefit from the transition to a low-carbon economy by effectively managing their emissions, resources (such as electricity, water, and waste) and climate-related risks are considered. The aim is to meet climate protection requirements to achieve the long-term goals of the Paris Climate Agreement.
Currency risks against the US dollar are hedged. Dividend income is reinvested.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|JPM Carbon Transition Global Equity UCITS ETF – EUR Hedged (acc)||Equity ETF||IE000W95TAE6||0.19 per cent||accumulating||JPMorgan Asset Management Carbon Transition Global Equity Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,767 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.