Amundi has launched a new ETF on Xetra and Börse Frankfurt offering investors with access to the 50 largest companies in Germany according to ESG rankings.The Amundi DAX 50 ESG UCITS ETF DR (C), allows investors to participate in the performance of the 50 largest companies based on their market capitalisation, stock exchange turnover and ESG score. Companies with business activities in controversial sectors – such as gambling, tobacco, nuclear power, steam coal, weapons or military equipment – are excluded.
The index is weighted by market capitalisation, with the maximum share of a company limited to seven per cent.
