Last updated: 10:59 / Wednesday, 16 December 2020
Amundi DAX 50 ESG UCITS ETF

Amundi Expands its ESG ETF Range with a New Strategy that Invests in German Equities

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  • The new fund is listed on Xetra and is composed of the 50 largest German companies with strong sustainable profiles
  • The ETF tracks an index that excludes all companies violating the international standards and involved in controversial weapons
  • “We are delighted to enhance our offering of responsible ETFs, providing investors with the choices they need to implement cost-effective ESG portfolios"

Amundi announced in a press release the expansion of its ESG ETF range, with the addition of a new passive investing strategy that offers broad exposure to the German equity markets while incorporating sustainable investment criteria. The fund is listed on Xetra and is offered "at a competitive price of 0.19% OGC", stated the asset manager.

The Amundi DAX 50 ESG UCITS ETF is composed of the 50 largest German companies with strong sustainable profiles. It tracks an index that excludes all companies violating the international standards and involved in controversial weapons, as well as some sectors such as tobacco and thermal coal.

Amundi offers a comprehensive range of ETFs designed to make sustainable investing accessible to investors no matter what their ESG integration requirements and risk budgets are. In their view, this approach empowers investors to cost-effectively reflect their individual goals and values within their ESG allocations.

“We are delighted to enhance our offering of responsible ETFs, providing investors with the choices they need to implement cost-effective ESG portfolios. Building on our existing range of core ESG ETFs, we are now extending our offer through country flagship exposures like the S&P 500 ESG and today the DAX 50 ESG", said Fannie Wurtz, Head of ETF, Indexing and Smart Beta at Amundi.

Meanwhile, Juan San Pío, Head of Sales at Amundi ETF for Iberia and Latam pointed out that with the expansion of their range, they make available to investors "new instruments that allow them to build and diversify their ESG strategies by helping to meet their sustainable investment needs with a simple, transparent and cost-efficient solution".

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