Lyxor launches new European ESG ETF on Xetra
Lyxor International Asset Management has launched the Lyxor MSCI Europe ESG Leaders (DR) UCITS ETF - Acc on Xetra and Börse Frankfurt.
The new fund provides investors with access to large and medium-sized companies from the industrialised European countries. Only companies that have a high ESG rating compared to their peer group are considered.
Companies with significant business activities in the areas of alcohol, tobacco, gambling, weapons or nuclear energy are excluded. Any dividend income is reinvested.