Structured Invest, a subsidiary of UniCredit Bank AG, has partnered with MSCI ESG to launch the UC MSCI European Green Bond EUR UCITS ETF, the first ETF to enable investors to access a broadly diversified range of liquid euro-denominated green bonds from European issuers.
The ETF targets institutional investors, as well as all other investor groups, and includes green bonds from issuers in different sectors and countries across Europe.
As one of the pioneers in Europe’s burgeoning green bond market, UniCredit is driving sustainable investment forward – offering investors a liquid instrument that allows easy market access.
Antonio Keglevich, Head of Sustainability Bond Origination, UniCredit, says: “Green bonds offer investors the possibility to invest easily in projects with direct relevance for environmental protection. Having the same risk and yield as common bonds, green bonds provide an added value, which exceeds financial aspects. This ETF complements our value chain for green bonds.”
Vincenzo Spadaro, Global Head of Institutional Equity Derivatives, UniCredit, adds: “With this product, we have once again proven that we can respond flexibly to market developments and the needs of our clients. We have created a liquid instrument that makes an attractive market easy and cost-effective to trade.”
Daniel Sailer, Vice President with responsibility for the GER/AT/CH Region at MSCI ESG, says: “The number of investors who aim to fight climate change by investing into green bonds has significantly increased. We are delighted to be working with UniCredit who licensed the Bloomberg Barclays MSCI European Green Bonds Index. The Bloomberg Barclays MSCI Green Bond Index family represents an objective and robust measure of the global market for fixed income securities issued 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”.
The UC MSCI European Green Bond EUR UCITS ETF invests physically in green bonds applying optimised sampling and is launched by Structured Invest SA (100 per cent subsidiary of UniCredit).
The ETF can be traded on XETRA under the symbol ECBI and is approved for distribution in Germany, Austria, Italy and Luxembourg.
Structured Invest is a Management Company under Luxembourg law and a 100 per cent subsidiary of UniCredit Bank AG. Its core competence is the launch of investment funds in various formats, e.g. as UCITS mutual funds and ETFs or Alternative Investment Funds (AIF: Luxembourgish and German Specialised Investment Funds).