Amundi MSCI New Energy ESG Screened UCITS ETF Dist

Issuer: Amundi ETF

Asset Class: Equity

TER: 60bps

Trading Currency: GBP

Pays Income: False

Listing Date: 28 Oct 2020

Ticker: NRJL

ISIN: FR0010524777

This investment vehicle offers targeted exposure to the global energy transition, a powerful, long-term structural trend driven by the urgent need to address climate change. It provides access to a diversified portfolio of international companies poised to benefit from the shift away from fossil fuels towards cleaner, more sustainable energy sources. The underlying strategy focuses on businesses actively involved in the new energy ecosystem, encompassing renewable energy production, such as solar, wind, and hydropower, as well as the development of enabling technologies like battery storage, energy efficiency solutions, and smart grid infrastructure. By investing in the pioneers of this industrial revolution, investors can participate in a sector with significant growth potential, underpinned by supportive government policies, technological innovation, and evolving consumer preferences worldwide.

The portfolio is constructed to provide comprehensive coverage of the clean energy value chain, from raw material suppliers to technology manufacturers and utility operators. Its global scope, which includes companies from both developed and emerging markets, ensures a broad opportunity set and mitigates concentration risk tied to any single country or region. Furthermore, the investment strategy incorporates Environmental, Social, and Governance (ESG) filters, aligning the portfolio with the principles of sustainable investing. This ensures that capital is allocated to companies leading the charge in responsible business practices while avoiding those with significant ESG-related controversies. This thematic fund is suitable for investors looking to add a satellite holding to their portfolio, providing a pure-play allocation to a high-growth, forward-looking theme that is central to the future of the global economy.