New UBS ETFs on Xetra: companies in line with the goals of the Paris Climate Agreement
New UBS ETFs on Xetra: companies in line with the goals of the Paris Climate Agreement
Five new exchange traded funds issued by UBS Global Asset Management have been tradable on Xetra and Börse Frankfurt since Wednesday.
With the five new ETFs, UBS offers investors the opportunity to participate in the performance of large and medium-sized companies that are driving the decarbonisation of the economy. Investors can choose to focus on individual countries such as Japan or the US, or focus on companies based in the European Monetary Union, Europe or industrialised nations worldwide.
To be included in the index, companies must not have significant business activities in tobacco, thermal coal, weapons, oil and gas. The aim is to limit global warming to a maximum of 1.5°C. To achieve this, companies should reduce their carbon emissions by ten per cent annually and reduce physical risks from extreme weather conditions by at least 50 per cent. Companies that benefit from measures to combat climate change and for which new business opportunities arise as a result are overweighted.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
UBS ETF (IE) MSCI EMU Climate Paris Aligned UCITS ETF (EUR) A-acc | Equity ETF | IE00BN4Q0L55 | 0.18 per cent | Accumulating | MSCI EMU Climate Paris-Aligned Index |
UBS ETF (IE) MSCI Europe Climate Paris Aligned UCITS ETF (EUR) A-acc | Equity ETF | IE00BN4Q0933 | 0.18 per cent | Accumulating | MSCI Europe Climate Paris-Aligned Index |
UBS ETF (IE) MSCI Japan Climate Paris Aligned UCITS ETF (JPY) A-acc | Equity ETF | IE00BN4Q0X77 | 0.20 per cent | Accumulating | MSCI Japan Climate Paris-Aligned Index |
UBS ETF (IE) MSCI USA Climate Paris Aligned UCITS ETF (USD) A-acc | Equity ETF | IE00BN4Q0602 | 0.12 per cent | Accumulating | MSCI USA Climate Paris-Aligned Index |
UBS ETF (IE) MSCI World Climate Paris Aligned UCITS ETF (USD) A-acc | Equity ETF | IE00BN4Q0370 | 0.20 per cent | Accumulating | MSCI World Climate Paris-Aligned Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,666 ETFs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.