Amundi launches a wide range of sector-based ESG ETFs on global equities











Photo credit © Amundi


(Boursier.com) — Amundi the leading European asset manager and European leader in ETFs, announces the launch of a wide range of sector-based ESG ETFs on global equities with very competitive management fees.

The range covers most GICS (Global Industry Classification Standard) industry sectors including Telecom Services, Consumer Discretionary, Consumer Staples, Financials, Healthcare, Industrials, Information Technology, materials and services to communities.

This new range allows investors to align their portfolios with the economic cycle while respecting their responsible investment objectives. These ETFs show limited tracking error, a 10% improvement in ESG rating compared to their benchmarks and an average reduction of 30% in carbon intensity. The S&P indices replicated by these ETFs allow investors to gain exposure to large and mid-cap companies from developed countries and incorporate exclusion criteria for controversial activities.

Arnaud Llinas, Head of ETF, Indexing and Smart Beta business line at Amundi said: “Investors are increasingly looking for simple, transparent and competitive investment tools to redirect their allocation towards more responsible investments. , including for their sector allocations.We are delighted to launch this range of ESG sector ETFs on global equities with an ongoing charge of 0.18%, which positions this range as the most competitive on the market.These new ETFs ESG sectors will raise more than 600 million euros over the next few days following the investment of a recognized Dutch institutional client”.

With this new launch, Amundi now offers one of the widest ranges of sector UCITS ETFs and offers investors the possibility of gaining exposure to sectors with or without ESG filters, depending on their investment objectives.
This launch is part of the Societal Project of the Crédit Agricole group and its commitment to the climate.


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