Amundi Index MSCI Pacific Ex Japan SRI PAB UCITS ETF DR - GBP (D)
| Issuer: Amundi ETF |
| Asset Class: Equity |
| TER: 15bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 21 Jun 2022 |
| Ticker: MPXG |
| ISIN: LU2469335298 |
This investment vehicle provides targeted exposure to large and mid-cap companies across developed markets in the Asia-Pacific region, with the notable exclusion of Japan. By focusing on countries such as Australia, Hong Kong, Singapore, and New Zealand, it offers a way to participate in the economic growth of these key Pacific Rim economies. The strategy is passively managed, aiming to replicate the performance of its underlying benchmark index. This offers investors a diversified portfolio of established firms operating in some of the world's most dynamic markets, providing a core holding for those looking to build a geographically varied equity allocation while avoiding the specific market dynamics of Japan.
The fund distinguishes itself through its rigorous sustainability framework, integrating two key environmental, social, and governance (ESG) methodologies. Firstly, it applies Socially Responsible Investing (SRI) filters, which exclude companies involved in controversial business activities like weapons, tobacco, or thermal coal, as well as those with poor ESG ratings. Secondly, it is designed as a Paris-Aligned Benchmark (PAB). This means the portfolio is constructed to align with the long-term goals of the Paris Agreement, aiming for a substantial reduction in carbon intensity versus the broad market and following a clear decarbonization path. This dual approach ensures the portfolio not only avoids harmful industries but also actively tilts towards companies that are better prepared for a transition to a low-carbon economy.
This product is designed for investors seeking long-term capital appreciation from Pacific-region equities, combined with a strong commitment to sustainable and climate-conscious principles. It is particularly suitable for those who wish to align their investments with global climate objectives and support companies with leading ESG practices. The physical replication method, where the fund holds the actual underlying stocks, provides transparency and a direct investment in the constituent companies. By excluding Japan, it also allows for more precise portfolio construction for investors who may already have or prefer separate exposure to the Japanese market.
