Alternative Investments/ESG: Vanguard Unveils ESG Corporate Bond ETFs In Europe

https://dailyalts.com/wp-content/uploads/2022/11/sustainability-ga4acc904e_640.jpg

The two ETFs offer exposure to euro and US dollar-denominated bonds.

Vanguard, the fund manager with assets of over $8 trillion under management, has launched two ESG-tilted, corporate bond ETFs denominated in EUR and USD respectively, for European investors. The funds are listed on the London Stock Exchange, Deutsche Boerse, Borsa Italiana, SIX Swiss and Euronext Amsterdam bourses. (ETF Stream)

The Vanguard ESG EUR Corporate Bond UCITS ETF and the Vanguard ESG USD Corporate Bond UCITS ETF

The new ETFs offer ESG-minded investors exposure to euro and US dollar-denominated corporate bonds, and track the respective Bloomberg MSCI Corporate Float-Adjusted Liquid Bond Screened index.

The ETFs feature ongoing charges figures (OCFs) of 0.11% for unhedged share classes and 0.16% for hedged share classes.

The ETFs will not invest in companies engaged in non-renewable energy including nuclear power and fossil fuels, vice products including adult entertainment, gambling, alcohol and tobacco products and controversial weapons. Issuers that do not meet the standards of the United Nations Global Compact Principles would also be excluded.

Fundspeak

Fong Yee Chan, head of ESG strategy, UK and Europe, at Vanguard, said: “We take a straightforward approach to ESG that enables investors to create portfolios that incorporate their ESG preferences and gives them the best chance for investment success.”

“Today’s launches provide additional building blocks for investors seeking to construct broadly diversified, balanced portfolios, at a low cost, in a way that aligns with their preferences,” he added.

Related Story: Vanguard Files For Global Environmental Opportunities Stock Fund

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/2022/12/defense-attorney-g17da42d37_640.jpg
Digital Assets: Mike Novogratz Hits Out At Sam Bankman-Fried, Calls For His Prosecution
December 2, 2022     Digital Assets, News

Mike Novogratz, the billionaire CEO of Galaxy Digital (TSE: GLXY), was unequivocally critical about Sam Bankman-Fried’s virtual New York Times (NYT) Dealbook Summit interview. “I’m hoping that the authorities get…

https://dailyalts.com/wp-content/uploads/2022/12/Home_Hero.png
FinTech: Monzo To Turn Profitable In 2023, Says CEO
December 2, 2022     FinTech, News

“We will be profitable in the next financial year,” TS Anil said at the summit on Thursday, though Monzo reported pre-tax losses of £119mn for the 12 months to the…

https://dailyalts.com/wp-content/uploads/2022/12/binary-geafeafdd2_640.jpg
Artificial Intelligence: OpenAI Launches ChatGPT, A New Conversational AI System
December 2, 2022     Artificial Intelligence, News

OpenAI has unveiled ChatGPT, a new AI system that interacts in a conversational way. As part of a dialogue format, ChatGPT answers followup questions, admits its mistakes, challenges incorrect premises,…

https://dailyalts.com/wp-content/uploads/2022/12/MKV-product-hero.jpg
Artificial Intelligence: Monarch’s Electric, Driver-Optional, Smart Tractor Now In Commercial Production

Monarch Tractor has rolled out the first production model of the MK-V tractor that combines electrification, automation, and data analysis to help farmers reduce their carbon footprint, improve field safety,…