New equity ETF from AXA on Xetra: access to companies from developed countries around the world in line with the Paris Climate Agreement
New equity ETF from AXA on Xetra: access to companies from developed countries around the world in line with the Paris Climate Agreement
Since today, a new exchange-traded fund issued by AXA Investment Managers has been tradable on Xetra and Börse Frankfurt.
The AXA IM MSCI World Equity PAB UCITS ETF allows investors to invest in large and mid-cap companies from 23 developed markets around the world. The ETF aligns with the objectives of the Paris Climate Agreement. Companies are selected and weighted to mitigate climate-related physical and transition risks on the path to a lower-carbon economy, while capturing the opportunities arising from this transition.
The fund tracks the MSCI World Climate Paris Aligned Index and currently holds over 600 companies across a range of sectors. Information technology, financials, and health care account for over 58 per cent.
Investors can trade the ETF flexibly in the currency of their choice in euro or US dollar using the same ISIN. The trading currency can be selected via an individually assigned stock exchange ticker.
Name | Asset class | ISIN | Xetra ticker for the trading currency | |
EUR | USD | |||
AXA IM MSCI World Equity PAB UCITS | Equity Income ETF | AWDT | AWDU | |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,194 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.