Ossiam launches new active low emission ETF on Xetra
Ossiam has launched a new active ETF with a focus on companies with low CO2 emission on Xetra and Börse Frankfurt.
The new Ossiam US ESG Low Carbon Equity Factors UCITS ETF - 1A (EUR Hedged) offers investors an actively managed ESG investment in a selection of US stocks. The actively managed ETF selects its components based on economic, social and environmental sustainability, focusing on equities that contribute to the reduction of greenhouse gases.
In addition, the Active ETF uses a quantitative model based on the two factors momentum and value, with the aim of favouring companies from better sectors. A currency hedging component minimises potential exchange rate risks against the euro.