New share class from AXA IM on Xetra: Access to climate-friendly companies from developed countries worldwide with currency hedging
New share class from AXA IM on Xetra: Access to climate-friendly companies from developed countries worldwide with currency hedging
Since Tuesday, a new exchange-traded fund issued by AXA Investment Managers has been tradable via Xetra and Börse Frankfurt.
The AXA IM MSCI World Equity PAB UCITS ETF (H) Accumulation EUR invests in large- and mid-cap companies listed on the equity markets of 23 developed countries.
The ETF is based on the objectives of the Paris Climate Agreement. Companies are selected and weighted to mitigate climate-related physical and transition risks on the path to a lower-carbon economy, while capturing the opportunities arising from this transition.
It is an accumulating share class that hedges currency risks between the base currency and the euro.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
| AXA IM MSCI World Equity PAB UCITS ETF (H) Accumulation EUR | Equity ETF | IE000TT7HZ88 | 0.23 per cent | accumulating | MSCI World Climate Paris Aligned Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,266 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.