GSXG
•
Fixed Income
GOLDMAN SACHS GLOBAL GREEN BOND UCITS ETF EUR HEDGED (DIST)
TER (bps):
22
AUM (USD m):
54
ISIN:
IE000L0X6L81
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Global
As of:
15 Nov 2024
Climate Fund:
No
Benchmark
The Solactive Green Bond Index is a rules-based, market value weighted index engineered to mirror the green bond market. The index is calculated as a Total Return Index denominated in USD. The green bond concept was developed in 2007 by the World Bank and the European Investment Bank. Green bonds are now commonly defined as fixed-income securities that raise capital for a project with specific environmental benefits, where the proceeds go to climate mitigation or adaptation efforts.
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