Deutsche Börse welcomes AXA IM as new ETF issuer on Xetra
Deutsche Börse welcomes AXA IM as new ETF issuer on Xetra Actively managed ETF with focus on biodiversity
Since Tuesday, AXA Investment Managers' first exchange-traded fund is tradable on Xetra and via the trading venue Börse Frankfurt.
The AXA IM ACT Biodiversity Equity UCITS ETF offers investors access to an actively managed portfolio of global exchange traded companies focused on biodiversity protection. The investment focus is on selecting companies with attractive fundamentals that seek to provide solutions for the protection of land and water, fauna and flora, and sustainable consumption.
The fund aims to promote the United Nations Sustainable Development Goals (SDGs), with a focus on clean water and sanitation, sustainable consumption, life under water and life on land.
Investors have the flexibility to trade the Active ETF in the currency of their choice, Euro, or US Dollar, using the same ISIN. The trading currency can be selected by an individually assigned exchange code.
Name | Asset class | ISIN | Xetra Ticker for the | |
EUR | USD | |||
AXA IM ACT Biodiversity Equity UCITS ETF USD Acc | Active-ETF | ABIT | ABIU | |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,925 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.