AXA IM : New active ETF on Xetra

AXA IM : New active ETF on Xetra: companies with a focus on mitigating climate change

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By ETFWorld.co.uk

Marco Morelli, Executive Chairman of AXA IM

A new actively managed Exchange Traded Fund issued by AXA Investment Managers has been tradable on Xetra and via the trading venue Börse Frankfurt since Thursday.

The AXA IM ACT Climate Equity UCITS ETF gives investors access to a globally diversified portfolio of companies whose products and services offer solutions to mitigate climate change. The investment manager combines qualitative and quantitative analysis to select companies with attractive fundamentals.

The fund strives to promote the United Nations Sustainable Development Goals (SDGs) with a focus on climate protection and affordable and clean energy.

Investors can trade the active ETF flexibly using the same ISIN in the currency of their choice, either euros or US dollars. The trading currency can be selected using an individually assigned stock exchange code

Source : ETFWorld.co.uk