Amundi, the largest European asset manager[1], today announces the expansion of its ESG ETF range, with the addition of a new ETF offering broad exposure to the German Equity Market while incorporating sustainable investment criteria. Listed on Xetra, this new fund is offered at a competitive price of 0.19% OGC[2].

The Amundi DAX 50 ESG UCITS ETF is composed of the 50 largest German companies with strong sustainable profiles. The fund 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 budget are. This approach empowers investors to cost-effectively reflect their individual goals and values within their ESG allocations.

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.'

Further information about Amundi ETF can be found on the amundietf.com website.

This document and information included herein about the Amundi ETF funds is intended solely for journalists and media professionals, provided solely to enable them to have an overview of these funds, exclusively for their own independent editorial. Amundi Asset Management assumes no liability, whether direct or indirect, that may result from using any information contained in this document. In no circumstances may Amundi Asset Management be held liable for any decision taken on the basis of this information.

Footnotes

  1. Source IPE 'Top 500 asset managers' published in June 2020 and based on AUM as of end December 2019
  2. Ongoing charges: Ongoing charges - annual, all taxes included. The ongoing charges represent the charges taken from the fund over a year. Until the fund has closed its accounts for the first time, the ongoing charges are estimated. Transaction cost and commissions may occur when trading ETFs

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Amundi SA published this content on 09 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2020 15:46:07 UTC