Amundi has announced the launch of a range of socially responsible investing ETFs across both equity and fixed income asset classes.
The launch comes following the announcement in early October of a three-year responsible investment action plan; this will include “enhanced extra-financial analysis, stronger voting policies and ESG advisory services,” the manager stated.
In regards to ESG – environmenta, social and governance – factors, Amundi notes that ESG strategies now account for about a quarter of global assets under management across all mainstream institutional and retail investors. Growth in such AUM has been close to 25% over the past two years.
The new SRI ETF range includes three equity products based respectively on the MSCI World, USA and Europe indices. A later addition will be the MSCI EM SRI index. Together they will complement the existing funds that replicate the Bloomberg Barclays Euro and US corporate bond indices, also implementing the MSCI SRI methodology.
Fannie Wurtz, managing director, Amundi ETF, Indexing and Smart Beta, said: “Amundi is committed to meeting the growing need for socially responsible investment solutions. Investors will now be able to benefit from a full range of SRI ETFs, spanning both equity and fixed income, and at a competitive cost. Alongside this range of ETF and index funds, we will also continue to work closely with investors and build bespoke ESG solutions aimed at serving their particular needs.”
|ETF Ongoing charges|
|Equity (available in ETF and index fund vehicle)|
|Amundi Index MSCI World SRI UCITS ETF||LU1861134382||WSRI FP||0.18%|
|Amundi Index MSCI USA SRI UCITS ETF||LU1861136247||USRI FP||0.18%|
|Amundi Index MSCI Europe SRI UCITS ETF||LU1861137484||EUSRI FP||0.18%|
|Fixed Income (available in ETF and index fund vehicle)|
|Amundi Index US Corp SRI – UCITS ETF||LU1806495575||UCRP FP||0.16%|
|Amundi Index Euro Agg Corporate SRI – UCITS ETF||LU1437018168||ECRP FP||0.16%|