New Credit Suisse ETF on Xetra: Sustainable investments combined with low volatility
New Credit Suisse ETF on Xetra: Sustainable investments combined with low volatility
A new exchange traded fund issued by Credit Suisse Asset Management has been tradable on Xetra and Börse Frankfurt since Monday.
With the CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF - B USD, investors invest in large and medium-sized companies from 23 Developed Markets countries around the world in line with sustainability criteria. Companies are selected on the basis of the minimum variance approach, choosing companies with low volatility that contribute to reducing the overall risk profile of the portfolio.
Companies with significant business activities in the fields of nuclear energy, tobacco, alcohol, gambling or weapons are excluded from the index.
Any dividends received are reinvested. The annual costs are 0.25 per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF - B USD | Equity ETF | IE00BMDX0M10 | 0.25 per cent | Accumulating | MSCI World ESG Leaders Minimum Volatility Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,572 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.