Amundi Index MSCI Emerging Markets SRI PAB UCITS ETF DR - GBP (D)
| Issuer: Amundi ETF |
| Asset Class: Equity |
| TER: 16bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 21 Jun 2022 |
| Ticker: AMEG |
| ISIN: LU2469335371 |
This investment product provides targeted exposure to large and mid-capitalization companies across various emerging economies, but with a distinct focus on addressing climate change. The strategy is designed to align with the objectives of the Paris Agreement by significantly reducing the portfolio's carbon footprint compared to a traditional market benchmark. It achieves this by overweighting companies demonstrating a clear path towards decarbonization and underweighting or excluding those with high carbon emissions, significant fossil fuel reserves, or business models heavily reliant on carbon-intensive activities. This approach allows investors to participate in the growth potential of developing nations while actively supporting the global transition to a low-carbon economy.
The fund is structured for investors seeking to integrate robust environmental criteria into their portfolios without sacrificing broad market access to key emerging markets such as China, Taiwan, India, and Brazil. By screening for climate-related risks and opportunities, the portfolio aims to enhance long-term, risk-adjusted returns by positioning for a future where climate resilience and sustainable practices are increasingly vital for corporate success. It offers a solution for those who believe that companies leading the energy transition are better positioned for future growth and are less exposed to regulatory and physical climate risks.
As a physically replicated, passively managed fund, it aims to track its underlying climate-focused index with high fidelity by holding the actual securities. This provides transparency and a cost-effective method for gaining diversified exposure to a basket of emerging market stocks that meet specific EU Climate Transition Benchmark (CTB) standards. It is a suitable core holding for investors looking to build a globally diversified equity allocation with a strong and measurable commitment to climate action.
