New Amundi ETF on Xetra: access to UK companies with focus on sustainability
New Amundi ETF on Xetra: access to UK companies with focus on sustainability
A new exchange-traded fund issued by Amundi has been tradable on Xetra and Börse Frankfurt since Thursday.
The Amundi MSCI UK IMI SRI UCITS ETF (DR) - EUR (D) offers investors access to large, medium-sized, and small companies in the UK equity market that are among the leaders in environmental, social and governance (ESG) factors within their respective sectors. The best-in-class approach allows the original sector weighting of the main index to be maintained, considering sustainability criteria.
Companies are excluded from the index if they are not in line with the principles of the United Nations Global Compact, are involved in serious ESG-related controversies or are active in the areas of thermal coal, weapons, and tobacco.
The weighting of a stock is limited to a maximum of 5 per cent. Any dividend income is paid out to the investors.
Name | Asset class | ISIN | On-going charges | Distribution policy | Reference index |
Amundi MSCI UK IMI SRI UCITS ETF (DR) - EUR (D) | Equity ETF | 0.18 per cent | Distributing | MSCI UK IMI SRI Filtered Ex Fossil Fuels Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,704 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.