New equity ETF from BNP Paribas Easy on Xetra: access to sustainable US companies from the S&P 500 Index with currency hedging
New equity ETF from BNP Paribas Easy on Xetra: access to sustainable US companies from the S&P 500 Index with currency hedging
Since Thursday, a new exchange-traded fund issued by BNP Paribas Easy has been tradable on Xetra and via the trading venue Börse Frankfurt.
The BNP Paribas Easy S&P 500 ESG UCITS ETF H EUR gives investors access to the largest US companies in the S&P 500 index by market capitalisation, which have a particularly high ESG rating in the areas of environmental protection, social responsibility and corporate governance compared to their peers. The best-in-class approach is used in the selection process in order to achieve a similar industry group weighting as in the parent index.
Companies involved in business activities such as weapons, thermal coal and tobacco, ESG controversies, or violating the principles of the United Nations Global Compact are excluded.
This share class aims at hedging its currency exposure to the us dollar.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
BNP Paribas Easy S&P 500 ESG UCITS ETF H EUR Capitalisation | Equity ETF | 0.12 per cent | accumulating | S&P 500 ESG Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,136 ETFs. With this selection and an average monthly trading volume of around €14 billion, Xetra is the leading trading venue for ETFs in Europe.