HSBC Asset Management (HSBC AM) has launched two new Europe Islamic ESG ETFs on the London Stock Exchange
By ETFWorld.co.uk
Olga de Tapia, Global Head of ETF & Indexing Sales, HSBC Asset Management
HSBC MSCI Europe Islamic ESG UCITS ETF
The investment objective of HSBC MSCI Europe Islamic ESG UCITS ETF is to track as closely as possible the returns of the MSCI Europe Islamic ESG Universal Screened Select Index. The Index is a subset of the MSCI Europe Islamic Index and is made up of large and mid-cap companies (as measured by the market value of their shares) across 15 developed markets countries, that comply with Shariah investment principles, as defined by the Index Provider.
The aim is to minimise as far as possible the tracking error between the Sub-Fund’s performance and that of the Index.
| Product Name | HSBC MSCI Europe Islamic ESG UCITS ETF |
| ISIN | IE000AGFZM58 |
| SEDOL | BP6KN09 |
| Trading Currency | GBP |
| Underlying | MSCI Europe Islamic ESG Universal Screened Select Index |
| Management Fee | 0.30% |
| Product Name | HSBC MSCI Europe Islamic ESG UCITS ETF |
| ISIN | IE000AGFZM58 |
| SEDOL | BMD5KC7 |
| Trading Currency | USD |
| Underlying | MSCI Europe Islamic ESG Universal Screened Select Index |
| Management Fee | 0.30% |
Source: ETFWorld.co.uk
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