New equity ETF from iShares on Xetra: global and broadly diversified investment in companies with a sustainable approach
New equity ETF from iShares on Xetra: global and broadly diversified investment in companies with a sustainable approach
A new exchange traded fund from iShares has been tradable on Xetra and via the Frankfurt Stock Exchange since Friday.
The iShares MSCI ACWI SRI UCITS ETF offers investors access to companies from all over the world that fulfil a distinct sustainability profile. The underlying companies must meet certain environmental, social and governance (ESG) criteria. Companies from controversial sectors are excluded from the benchmark.
The ETF follows a best-in-class approach and thus invests in the best issuers of the respective sector before an SRI perspective.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares MSCI ACWI SRI UCITS ETF USD (Dist) | Equity ETF | IE000RDRMSD6 | 0.20 per cent | distributing | MSCI ACWI SRI Select Reduced Fossil Fuel Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,997 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.