New equity ETFs from Ossiam on Xetra: broadly diversified exposure to companies from developed countries in line with the Paris climate targets
Since today, two new exchange-traded funds issued by Ossiam have been tradable via Xetra and Börse Frankfurt.
The Ossiam Bloomberg World PAB UCITS ETF in the EUR and USD share classes tracks the performance of the Bloomberg PAB Developed Markets Large & Mid Cap Index. The ETF allows investors to invest in a broadly diversified equity portfolio of companies from developed markets while pursuing a net-zero emissions strategy.
The index aims to reduce greenhouse gas intensity by at least 50 per cent compared to the investment universe (Bloomberg Global Equity Indices) and an average reduction of at least 7 per cent per year.
|
Name |
Asset class |
ISIN |
Ongoing charges |
Distribution policy |
Reference index |
|
Ossiam Bloomberg World PAB UCITS ETF 1A (EUR) |
Equity ETF |
0.20 per cent |
accumulating |
Bloomberg PAB Developed Markets Large & Mid Cap Net Return Index |
|
|
Ossiam Bloomberg World PAB UCITS ETF 1A (USD) |
Equity ET |
0.20 per cent |
accumulating |
Bloomberg PAB Developed Markets Large & Mid Cap Net Return Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,200 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.