New Lyxor ETFs on Xetra: Sustainability and climate protection
New Lyxor ETFs on Xetra: Sustainability and climate protection
Since Monday, two new exchange traded funds issued by Lyxor International Asset Management are tradable on Xetra and Börse Frankfurt.
Lyxor S&P Europe Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc and the Lyxor S&P Global Developed Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc allow investors to invest in large and mid-sized companies from Europe or worldwide that have been selected in line with the climate change objectives of the EU and the Paris Climate Change Convention.
Both ETFs focus on companies that contribute to limiting global warming to a maximum of 1.5°C by reducing greenhouse gas emissions. The orientation towards the United Nations' Paris Climate Change Convention is intended to promote the move towards a low-carbon economy. It excludes companies active in the coal, tobacco or weapons sectors, or those that violate EU environmental objectives and social standards.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor S&P Europe Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc | Equity ETF | LU2198884491 | 0.20 per cent | Accumulating | S&P Europe LargeMidCap Paris-Aligned Climate Index |
Lyxor S&P Global Developed Paris-Aligned Climate (EU PAB) (DR) UCITS ETF - Acc | Equity ETF | LU2198882362 | 0.20 per cent | Accumulating | S&P Developed ex-Korea LargeMidCap Paris-Aligned Climate Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,578 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.