New equity ETFs from iShares on Xetra: access to climate-friendly companies in Europe and the eurozone
New equity ETFs from iShares on Xetra: access to climate-friendly companies in Europe and the eurozone
Since Thursday, four new exchange-traded funds from iShares have been tradable on Xetra and Börse Frankfurt.
The iShares MSCI Europe Climate Transition Aware UCITS ETF and the iShares MSCI EMU Climate Transition Aware UCITS ETF invest in companies based in Europe or the EU that are driving the transition to a low-carbon economy.
The MSCI Europe and MSCI EMU serve as parent index, which in a first step filter out companies based on ESG exclusion criteria. The remaining companies must meet at least one approved target of the Science Based Targets initiative to actively reduce CO2 emissions, generate green revenue or fall below a certain threshold in terms of greenhouse gas intensity.
Investors can choose between an accumulating and a distributing share class for both ETFs.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares MSCI Europe Climate Transition Aware UCITS ETF EUR (Acc) | Equity ETF | 0.12 Per cent | accumulating | MSCI Europe Transition Aware Select Index | |
iShares MSCI Europe Climate Transition Aware UCITS ETF EUR (Dist) | Equity ETF | 0.12 Per cent | Distributing | MSCI Europe Transition Aware Select Index | |
iShares MSCI EMU Climate Transition Aware UCITS ETF EUR (Acc) | Equity ETF | 0.12 Per cent | accumulating | MSCI EMU Transition Aware Select Index | |
iShares MSCI EMU Climate Transition Aware UCITS ETF EUR (Dist) | Equity ETF | 0.12 Per cent | Distributing | MSCI EMU Transition Aware Select Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,179 ETFs. With this selection and an average monthly trading volume of around €15 billion. Xetra is the leading trading venue for ETFs in Europe.