New HSBC ETF on Xetra: Sustainable investments worldwide combined with low CO2 emissions
New HSBC ETF on Xetra: Sustainable investments worldwide combined with low CO2 emissions
Since Wednesday, a new exchange traded fund issued by HSBC Global Asset Management has been tradable on Xetra and Börse Frankfurt
The HSBC Developed World Sustainable Equity UCITS ETF enables investors to invest in sustainable companies from industrialised countries worldwide. The focus is on companies with a high ESG rating that contribute to a low-carbon economy and demonstrate low fossil fuel consumption.
Companies with significant business activities in nuclear energy, tobacco, coal and weapons are excluded from the index. This also applies to companies that violate the principles of the United Nations Global Compact (human rights, labour, environment and anti-corruption). The weighting of the individual stocks is based on the ESG rating and the level of CO2 emissions.
Any dividend payments are reinvested. The annual costs amount to 0.18 per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
HSBC Developed World Sustainable Equity UCITS ETF | Equity ETF | IE00BKY59K37 | 0.18 per cent | Accumulating | FTSE Developed ESG Low Carbon Select Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,565 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.