XGBE
•
Fixed Income
XTRACKERS EUR CORPORATE GREEN BOND UCITS ETF 1C
TER (bps):
25
AUM (USD m):
173
ISIN:
IE000MCVFK47
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
12 Nov 2024
Climate Fund:
No
Benchmark
The Bloomberg MSCI EUR Corporate and Agency Green Bond Index tracks the EUR-denominated fixed income securities issued by Corporates and Agencies to fund projects with direct environmental benefits. An independent research-driven methodology is used to evaluate index-eligible green bonds to ensure they adhere to established Green Bond Principles and to classify bonds by their environmental use of proceeds. The index includes issuers with MSCI ESG Ratings of B or higher and negatively screens issuers that are involved in business activities that are restricted because they are inconsistent with certain values-based business involvement criteria, including activities related to controversial military weapons, and also excludes those issuers with a "red" MSCI ESG Controversy Score.