New HSBC ETFs on Xetra: Sustainable investments in Europe, Japan and the USA
New HSBC ETFs on Xetra: Sustainable investments in Europe, Japan and the USA
Since Wednesday, three new exchange traded funds from HSBC Global Asset Management have been tradable on Xetra and Börse Frankfurt.
With the HSBC Europe Sustainable Equity UCITS ETF, the HSBC Japan Sustainable Equity UCITS ETF and the HSBC USA Sustainable Equity UCITS ETF, investors can invest in companies from Europe, Japan or the USA. The selection of the securities is based on sustainability criteria. Companies with significant business activities in nuclear energy, tobacco, coal for power stations, military or civil 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. A further objective is to minimise the tracking error to the corresponding parent indices of FTSE Russel.
Any dividends received will be reinvested. The annual costs are between 0.12 and 0.18 percent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
HSBC Europe Sustainable Equity UCITS ETF | Equity ETF | IE00BKY55W78 | 0.15 per cent | Accumulating | FTSE Developed Europe ESG Low Carbon Select Index |
HSBC Japan Sustainable Equity UCITS ETF | Equity ETF | IE00BKY55S33 | 0.18 per cent | Accumulating | FTSE Japan ESG Low Carbon Select Index |
HSBC USA Sustainable Equity UCITS ETF | Equity ETF | IE00BKY40J65 | 0.12 per cent | Accumulating | FTSE USA ESG Low Carbon Select Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,569 ETFs and 192 ETPs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.