Amundi launches Amundi DAX 50 ESG UCITS ETF
Amundi has expanded its ESG ETF range, with the addition of a new ETF offering broad exposure to the German Equity Market while incorporating sustainable investment criteria.
Listed on Xetra, this new fund is offered at a competitive price of 0.19 per cent OGC.
The Amundi DAX 50 ESG UCITS ETF is composed of the 50 largest German companies with strong sustainable profiles. The fund tracks an index that excludes all companies violating the international standards and involved in controversial weapons, as well as some sectors such as tobacco and thermal coal.
Amundi offers a comprehensive range of ETFs designed to make sustainable investing accessible to investors no matter what their ESG integration requirements and risk budget are. This approach empowers investors to cost-effectively reflect their individual goals and values within their ESG allocations.
Fannie Wurtz, Head of ETF, Indexing and Smart Beta at Amundi, says: “We are delighted to enhance our offering of responsible ETFs, providing investors with the choices they need to implement cost-effective ESG portfolios. Building on our existing range of core ESG ETFs, we are now extending our offer through country flagship exposures like the S&P 500 ESG and today the DAX 50 ESG.”