Bringing you live news and features since 2006 

Teenage Cancer Trusts benefits from new Societe Generale ETN


Societe Generale has launched its first Socially Responsible Investment Exchange Traded Note (SRI ETN) on the London Stock Exchange (LSE) donating all the management fees to Teenage Cancer Trust.

The launch followed a report published by the bank’s Research team on the growing importance of integrating Environmental, Social & Governance (ESG) metrics into investment research. The integration of ESG as an assessment of a company’s management quality and risk governance is increasingly becoming part of an Asset Manager’s fiduciary responsibility.

The SRI ETN is a highly flexible, transparent investment which tracks a diversified basket of 25 SRI stocks on a one-for-one basis. By combining ESG metrics with financial and stock performance data, Societe Generale’s Research team has identified one company from 25 different sectors, considered to be leaders in their sector for ESG management, offering the best combination of financial as well as ESG performance, (please refer to Notes to Editors for full listing).

Enhancing the SRI aspect of the product the Annual Management Charge (0.50%) of the SRI ETN will be donated to Teenage Cancer Trust, Societe Generale’s UK Charity of the Year, chosen by its employees in the UK and the Channel Islands.

Like all Societe Generale Exchange Traded Products, the SRI ETN benefits from live pricing on the LSE, which means investors can buy or sell units of GBP100 or EUR100 at any time during normal market hours. In the same way as a direct holding, capital is at risk.

Investors in the SRI ETN must be aware that they are taking on credit risk to Societe Generale. If Societe Generale is unable to fulfill its obligations, investors can lose some or all of their investment. Societe Generale is the only market maker which may affect liquidity. The SRI Tracker can be bought in GBP or EUR versions. Currency risk exists where the stock is listed in a currency different to that of the SRI Tracker.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by