New Amundi ETF on Xetra: 50 largest ESG companies in Germany
New Amundi ETF on Xetra: 50 largest ESG companies in Germany
Since Tuesday a new Exchange Traded Fund of Amundi is tradable via Xetra and Börse Frankfurt.
With the Amundi DAX 50 ESG UCITS ETF DR (C), investors participate in the performance of the 50 largest companies in Germany, which were selected based on their market capitalisation, stock exchange turnover and ESG score. Companies with business activities in controversial sectors - such as gambling, tobacco, nuclear power, steam coal, weapons or military equipment - are excluded.
The index is weighted by market capitalisation, with the maximum share of a company limited to seven per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Amundi DAX 50 ESG UCITS ETF DR (C) | Equity ETF | LU2240851688 | 0.19 per cent | Accumulating | DAX 50 ESG Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,605 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.