Amundi MSCI New Energy ESG Screened UCITS ETF Acc
| Issuer: Amundi ETF |
| Asset Class: Equity |
| TER: 60bps |
| Trading Currency: USD |
| Pays Income: False |
| Listing Date: 17 Jun 2021 |
| Ticker: NRJC |
| ISIN: FR0014002CG3 |
This fund offers targeted exposure to the global transition towards a low-carbon economy. It invests in companies integral to the new energy value chain, including those involved in renewable energy generation such as solar, wind, and hydropower, as well as businesses focused on energy efficiency, battery storage, and key components for electric vehicles. The core investment thesis is anchored in the accelerating global demand for cleaner energy sources. This demand is fueled by heightened climate change awareness, supportive government policies aimed at decarbonization, and the increasingly favorable economics of renewable technologies. Together, these factors create a long-term, structural growth opportunity for innovative companies leading this energy revolution.
By tracking a global index, the portfolio provides diversified access to companies across both developed and emerging markets, capturing opportunities wherever they arise. The underlying benchmark incorporates specific Environmental, Social, and Governance (ESG) filters, ensuring that the holdings meet certain sustainability criteria, which may appeal to conscientious investors. Investing in this fund allows for participation in the growth of a broad basket of firms at the forefront of the energy transition. It represents a strategic approach for investors looking to align their portfolios with the powerful megatrend of global decarbonization and capitalize on the innovation that is shaping the future of energy production and consumption.