New Invesco ETF on Xetra: access to sustainable companies from developed countries in the Pacific region excluding Japan
New Invesco ETF on Xetra: access to sustainable companies from developed countries in the Pacific region excluding Japan
A new exchange traded fund from issuer Invesco has been tradable on Xetra and Börse Frankfurt since Friday.
The Invesco MSCI Pacific ex Japan ESG Universal Screened UCITS ETF – Acc offers investors an investment in large and medium-sized companies from four of the five developed countries in the Pacific region. These include Australia, Hong Kong, New Zealand and Singapore. Stocks from Japan, on the other hand, are not included.
Companies with significant business activities in tobacco, thermal coal, oil sands, controversial or chemical weapons, and recreational cannabis are excluded. Similarly, companies must not be involved in controversies that violate applicable norms and accepted standards.
The weighting of individual stocks is based on sustainability factors with the aim of overweighting those companies that have a robust ESG profile and are taking measures to help improve this profile.
The weighting of a stock is limited to a maximum of five per cent. Any dividend payments are reinvested.
Name | Asset class | ISIN | On-going charges | Distribution policy | Reference index |
Invesco MSCI Pacific ex Japan ESG Universal Screened UCITS ETF – Acc | Equity ETF | 0.19 per cent | Accumulating | MSCI Pacific ex Japan ESG Universal Select Business Screens Index |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,697 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.