A new exchange-traded fund from AXA Investment Managers has been tradable on Xetra and Börse Frankfurt since today.
With the AXA IM MSCI Emerging Markets Equity PAB UCITS ETF, the issuer is expanding its range of ETFs focussing on the Paris Climate Agreement (PAB) to include the emerging markets region. Investors gain access to large and mid-cap companies from the most important countries of the emerging markets.
The benchmark index is the MSCI Emerging Markets Climate Paris Aligned Index. This pursues a decarbonisation path in line with the goals of the Paris Agreement, considers the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures) and aims to exceed the minimum requirements of the EU Paris Aligned Benchmark.
Investors can trade the ETF flexibly in the desired currency, euros, or US dollars, using the same ISIN. The trading currency can be selected via an individually assigned stock…
