Amundi has launched two new ETFs, the Amundi Global AGG SRI Ucits ETF and the Amundi MSCI AC Far East ex Japan ESG Leaders Select Ucits ETF, adding to its existing range of responsible ETFs.
The Amundi Global AGG SRI ETF will give investors exposure to the fixed income market, through access to 12,000 investment-grade corporate and government bonds issued by over 1,200 issuers globally. An ongoing charge of 0.14% will apply.
The ETF will select 80% of the bonds with the highest ESG score taken from the Bloomberg Global Aggregate 500MM ex Securitized Index, which strictly excludes issuers involved in controversial business practices.
The Amundi MSCI AC Far East ex Japan ESG Leaders Select ETF, which has ongoing charges of 0.25%, is the first sustainable ETF allowing investors exposure to two developed markets, excluding Japan, and seven emerging markets in the Far East.
The ETF will offer investors exposure to around 400 stocks, selecting the top 50% of companies with the highest ESG scores taken from the MSCI AC Far East ex Japan Index. The ETF’s approach combines negative screening with best-in-class selection.
Both ETFs have been listed on Xetra in euros and US dollars and are classified under Article 8 of the EU’s Sustainable Finance Disclosure Regulation. The initiative comes as part of the Societal Project of Crédit Agricole Group and its commitment to the climate.
Matthieu Guignard, global head of product development and capital markets at Amundi ETF, said: “We are delighted to further extend our Amundi ETF responsible range with these two new products.
“As investors are increasingly looking for new tools allowing them to build sustainable portfolios for all asset classes, we are committed to provide them with a large range of high quality, robust and cost-efficient ESG ETFs.”
© 2022 funds europe