Two new share classes of AXA IM MSCI Emerging Markets Ex-China Equity PAB UCITS ETF issued by AXA Investment Managers have been tradable on Xetra and Börse Frankfurt since Thursday.
The recently listed AXA IM MSCI Emerging Markets Ex-China Equity PAB UCITS ETF is now available to investors in both the distributing and the accumulating share class currency-hedged to the euro. The distributing share class is offered in the two trading currencies euro and US dollar.
The AXA IM MSCI Emerging Markets Ex-China Equity PAB UCITS ETF tracks the performance of the MSCI Emerging Markets ex-China Climate Paris Aligned Index. The benchmark index currently comprises 240 large and medium-sized companies from 23 of the 24 emerging markets (excluding China). The countries with the highest weightings include Taiwan, India and South Korea.
The benchmark index aims to reduce transition and physical climate risks, capitalise on opportunities arising from the transition to a low-carbon economy and align with the requirements of the Paris Climate Agreement.
| Name | Asset class | ISIN | Ongoing Charges | Trading Currency (Ticker) | Reference index |
| AXA IM MSCI Emerging Markets Ex-China Equity PAB UCITS ETF Acc USD | Equity ETF | IE000G5IRVY3 | 0.27 per cent | EUR (AXXT) | MSCI Emerging Markets ex China Climate Paris Aligned Index |
| AXA IM MSCI Emerging Markets Ex-China Equity PAB UCITS ETF Acc USD | Equity ETF | IE000G5IRVY3 | 0.27 per cent | USD (AXXU) | MSCI Emerging Markets ex China Climate Paris Aligned Index |
| AXA IM MSCI Emerging Markets Ex-China Equity PAB UCITS ETF – EUR (H) Acc | Equity ETF | IE000Y65F5C2 | 0.27 per cent | EUR (AXQE) | MSCI Emerging Markets ex China Climate Paris Aligned Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,359 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.