Bringing you live news and features since 2006 

Legal & General Investment Management launches ETF tracking the Solactive Energy Transition Commodity Index: ENTR

RELATED TOPICS​

Solactive has announced that Legal & General Investment Management (LGIM), has developed the Solactive Energy Transition Commodity Index in close cooperation with Solactive. 

The index serves as the underlying benchmark for LGIM’s new L&G Energy Transition Commodities UCITS ETF. The firm writes that the Solactive Energy Transition Commodity Index tracks 18 commodities relevant to the global transition to more sustainable energy sources. This includes transition metals such as lithium and cobalt, energy transition commodities such as EU natural gas TTF, and carbon allowances. It applies a rules-based methodology to weight these components based on their significance for enabling the energy transition, while maintaining appropriate liquidity, the firm says.

The ETF is listed on the London Stock Exchange, Deutsche Börse, Borsa Italiana and the Six Swiss Exchange with the ticker symbol “ENTR”. 

Timo Pfeiffer, Chief Markets Officer at Solactive, says: “We are proud that LGIM has chosen our Energy Transition Commodity Index to underpin this innovative new ETF. It demonstrates investors’ growing demand to align their portfolios with the sustainablility themes reshaping our world.”

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
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