New thematic ETF from Rize on Xetra: access to global companies from the circular economy sector
New thematic ETF from Rize on Xetra: access to global companies from the circular economy sector
Since Wednesday, a new exchange-traded fund of Rize ETF has been tradable on Xetra and via Börse Frankfurt.
The Rize Circular Economy Enablers UCITS ETF provides investors with access to global companies whose products and services contribute to the transition to a circular economy in line with the EU taxonomy.
A circular economy is a regenerative system that aims to minimise the use of resources and waste through the repeated use of raw materials and products, as well as to reduce emissions and energy waste.
Excluded are companies operating in controversial business areas. These include weapons and nuclear weapons, power generation from coal, oil or gas, nuclear power, and the production of tobacco products. Companies that violate the US Global Compact or the guidelines of the Organisation for Economic Co-operation and Development (OECD) are also not considered.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Rize Circular Economy Enablers UCITS ETF | Equity ETF | 0.46 per cent | accumulating | Foxberry SMS Circular Economy Enablers USD Net Total Return Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,047 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.