New Lyxor ETFs on Xetra: First sustainable investments based on the Paris Climate Agreement
New Lyxor ETFs on Xetra: First sustainable investments based on the Paris Climate Agreement
Since Wednesday, two new exchange traded funds issued by Lyxor International Asset Management are tradable on Xetra and Börse Frankfurt.
The Lyxor S&P Eurozone Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc and the Lyxor S&P 500 Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc offer investors for the first time the opportunity to invest in companies from the Eurozone and the US that have been selected based on the climate targets of the EU and the Paris Climate Convention.
From the universe of the S&P Eurozone LargeMidCap index or the S&P 500 index, equities are selected that are in line with the long-term goal of the United Nations' Paris Climate Convention to limit global warming to a maximum of 1.5°C. Both ETFs only allow investments in companies that make the highest contribution to carbon reduction. This involves the greenhouse gas emissions of the entire value chain of a company. Excluded are companies from the coal, arms or tobacco sectors that violate EU environmental targets or social standards.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor S&P Eurozone Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc | Equity ETF | LU2195226068 | 0.20 per cent | Accumulating | S&P Eurozone LargeMidCap Paris-Aligned Climate Index |
Lyxor S&P 500 Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc | Equity ETF | LU2198883410 | 0.20 per cent | Accumulating | S&P 500 Paris-Aligned Climate Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,571 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.