New Credit Suisse ETF on Xetra: Top 50 German ESG companies

Release date: 17 May 2021 | Deutsche Börse Cash Market

New Credit Suisse ETF on Xetra: Top 50 German ESG companies

Since Monday, a new exchange traded fund issued by Credit Suisse Asset Management  has been tradable on Xetra and Börse Frankfurt.

The CSIF (IE) DAX 50 ESG Blue UCITS ETF offers investors access to the 50 largest and most liquid German companies from the DAX, MDAX and TecDAX that stand out in terms of environmental, social and corporate governance criteria. Companies with business interests in the areas of weapons, tobacco production, power plant coal and nuclear energy or with business relations to the military are excluded from the index.

The DAX 50 ESG Index is weighted according to market capitalisation, whereby the maximum share of a company is limited to seven per cent.

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Reference index

CSIF (IE) DAX 50 ESG Blue UCITS ETF

Equity ETF

IE00BKVD2J03

0.12 per cent

Accumulating

DAX 50 ESG Index

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,649 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.

Further information

Market Status

XETR

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