New L&G ETF on Xetra: Renewable energies worldwide
New L&G ETF on Xetra: Renewable energies worldwide
Since Wednesday a new Exchange Traded Fund of Legal & General Investment Ma-nagement is tradable on Xetra and Börse Frankfurt.
With the L&G Clean Energy UCITS ETF investors invest in companies with a focus on sustainable energy production worldwide. Not only producers of renewable energies are considered, but also all participants along the value chain such as suppliers and electricity providers in the areas of wind, solar, hydro and geothermal energy.
The individual companies are equally weighted at the time of the index adjustment.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
L&G Clean Energy UCITS ETF | Equity ETF | IE00BK5BCH80 | 0.49 per cent | Accumulating | Solactive Clean Energy Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,596 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.