BlackRock has launched a range of multi-asset ESG ETF portfolios, a first in Europe.

The three-strong range is comprised of iShares ESG ETFs and provides access to a wider universe of stocks and bonds.

The multi-asset ESG ETF range includes:

  • BlackRock ESG Multi-Asset Conservative Portfolio UCITS ETF (MACG)
  • BlackRock ESG Multi-Asset Moderate Portfolio UCITS ETF (MAMG)
  • BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF (MAGG)

The range is listed on the London Stock Exchange and Xetra with total expense ratios of 0.25%.

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MACG offers a conservative approach and is comprised of 80% bonds and 20% stocks. It has a volatility target of 2-5%.

MAMG offers a moderate approach and is comprised of 49% bonds and 51% stocks. It has a volatility target of 5-10%.

MACG offers a bullish growth approach and is comprised of 25% bonds and 75% stocks. It has a volatility target of 10-15%.

Joe Parkin, head of banks and digital channels in the UK at BlackRock, commented: “This choice of three ready-built portfolios has been designed to help more people invest money towards their long-term financial goals with ease, while benefitting from investment expertise across BlackRock.

"We are doubling down on the characteristics that we know attract people to ETFs, to achieve broad exposure to the markets in an ESG and risk conscious way.

Product Panel: BlackRock’s multi-asset ESG ETF range

BlackRock’s multi-asset team will manage the range of funds, including the co-managers Rafael Iborra and John Wang.

BlackRock has been pushing its ESG multi-asset offering in 2020 having also added an ESG multi-asset index fund to its MyMap Range in June.