Xetra - Deutsche Börse Cash Market Division

07/10/2024 | Press release | Distributed by Public on 07/10/2024 05:10

New equity ETF from AXA on Xetra: access to companies from developed countries around the world in line with the Paris Climate Agreement

Release date: 10 Jul 2024 | Deutsche Börse Cash Market

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

IE000SU7USQ3

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.