BNP Paribas has launched two ETFs that provide access to stock corporations from Europe and Japan with high ESG ratings.
The two new ETFs are available on Xetra and Börse Frankfurt. The firm writes that the new equity index ETFs enable investors to participate in the performance of European or Japanese stock corporations with a particularly high rating in the areas of environmental protection, social responsibility and governance (ESG). The reference indices exclude companies whose products have negative social or environmental effects.
Charges on the funds are 0.30 per cent.