Amundi launches new Japanese equities ETF with ESG focus and currency hedging
Amundi has launched a new Japanese equities ETF with an ESG focus and currency hedging on Xetra and Börse Frankfurt.
The Amundi Index MSCI Japan SRI UCITS ETF DR - Hedged EUR (C) gives investors access to large and medium-sized Japanese companies that distinguish themselves from comparable companies through their sustainable profile in the environmental, social and corporate governance areas.
Companies with significant business activities in the areas of tobacco, alcohol, gambling, weapons, adult entertainment, nuclear energy and fossil fuels are excluded from the index.
The weighting of a stock is limited to a maximum of five per cent. Currency risks to the euro are minimised.