New equity ETF from AXA IM on Xetra: access to climate-friendly companies from developed countries worldwide
New equity ETF from AXA IM on Xetra: access to climate-friendly companies from developed countries worldwide
Since Friday, a new exchange-traded fund from AXA Investment Managers has been tradable via Xetra and Börse Frankfurt.
The AXA IM MSCI World Equity PAB UCITS ETF invests in large and mid-cap companies listed on the stock markets of 23 developed countries. The ETF is based on the goals of the Paris Climate Agreement. Companies are selected and weighted to mitigate climate-related physical and transition risks associated with the transition to a low-carbon economy, while taking advantage of opportunities arising from this transition.
With this distributing share class, investors receive a further investment opportunity to track the performance of the MSCI World Climate Paris Aligned Index, in addition to the existing accumulating share class.
Investors can trade the ETF flexibly in the currency of their choice in the euro or US dollar using the same ISIN. The trading currency can be selected via an individually assigned stock exchange ticker.
Name | Asset class | ISIN | Xetra ticker for the trading currency | |
EUR | USD | |||
AXA IM MSCI World Equity PAB UCITS ETF USD Dist | Equity ETF | AWST | AWSU | |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,197 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.