New iShares ETF on Xetra: Shares with a focus on sustainability worldwide
New iShares ETF on Xetra: Shares with a focus on sustainability worldwide
Since Thursday, a new exchange traded fund of iShares has been tradable on Xetra and Börse Frankfurt
The iShares MSCI World SRI UCITS ETF EUR Hedged (Dist) enables investors to participate in the performance of medium-sized and large companies from industrialised nations worldwide that have a comparatively high ESG rating. The fund excludes companies linked to the manufacture of arms, tobacco and alcohol, or to income from gambling, adult entertainment, coal for power stations, oil sands and genetically modified organisms.
Any dividend income will be distributed. Currency risks against the euro are also minimised.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares MSCI World SRI UCITS ETF EUR Hedged (Dist) | Equity ETF | IE00BMZ17W23 | 0.23 per cent | Distributing | MSCI World SRI Select Reduced Fossil Fuel Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,589 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.