Alternative Investments/ESG: Amundi’s New DAX ESG ETF

https://dailyalts.com/wp-content/uploads/2020/12/bundestag-2463236_640.jpg

This is the ETF for investors seeking exposure to the 50 largest ESG-compliant German companies.

The new Amundi DAX 50 ESG UCITS ETF (DECD) is a DAX 50 ETF with a preference for companies that have strong sustainable profiles.

The ETF tracks the DAX 50 ESG index. It bars companies in activities such as weapons, tobacco, and thermal coal, or do not meet international standards. (ETF Stream)

Further, the fund selects companies based on their market capitalization, stock turnover, and ESG scores. It is market-cap-weighted with the largest constituent limited to a share of 7%.

Amundi DAX 50 ESG UCITS ETF (DECD)

The fund features an ongoing charge of 0.19% and trades on the Deutsche Börse Xetra.

Fannie Wurtz, head of ETF, indexing and smart beta at Amundi, said: “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.”

Amundi has a strong presence in ESG and sustainable investing, with an AUM of over €131 billion in the sector.

Further, the asset manager offers a comprehensive range of ETFs designed to make sustainable investing accessible to investors no matter their ESG integration requirements and risk budget. This approach empowers investors to cost-effectively reflect their individual goals and values within their ESG allocations.

Related Story:  Amundi Expands ESG Range With Two New ETFs                                                

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2021/12/60148621_1291834164298938_7384402834688573440_n.jpg
FinTech: LatAm BNPL Provider Kueski Nabs $202M Series C Round
December 3, 2021     FinTech, News, Venture Capital

Kueski is one of the largest buy-now-pay-later (BNPL) and digital lenders in Latin America. It announced December 2 its close of a $202 million Series C debt and equity round….

https://dailyalts.com/wp-content/uploads/2021/12/bitcoin-gd3611bef8_640.jpg
Digital Assets: Renowned Investor Charlie Munger Sides With China On Its Crypto Ban
December 3, 2021     Digital Assets, News

Charlie Munger has shot off another broadside against bitcoin, endorsing China’s action in banning cryptos. A long-standing bitcoin skeptic, Munger was speaking in an interview for the Sohn Hearts &…

https://dailyalts.com/wp-content/uploads/2021/12/rider-img.jpg
Venture Capital: 15-Minute Delivery Startup JOKR Raises $260M Series B
December 3, 2021     News, Venture Capital

New York-based instant grocery delivery startup JOKR has become a unicorn within nine months of its launch and raised a $260 million Series B within five months of raising $170…

https://dailyalts.com/wp-content/uploads/2021/12/img-scaled.jpeg
Venture Capital: Porsche Buys A Stake In Sustainable Homes-Focused Startup 1KOMMA5°

Porsche, the German car maker, has taken a stake in Hamburg-based startup 1KOMMA5° through its venture finance arm, Porsche Ventures. The startup seeks to boost the rollout of presently decentralized…