The Amundi Index US Corp SRI ETF will provide investors with access to US dollar denominated investment grade corporate bonds. This will exclude issuers involved in alcohol, tobacco, military weapons, gambling, adult entertainment, GMO and nuclear power.
Amundi said the launch comes as a response to growing demand for ESG criteria integration from investors.
The fund has an ongoing charges figure of 0.16% and tracks the Bloomberg Barclays MSCI Corporate SRI index.
Managing director Fannie Wurtz (pictured) said the expansion to Amundi’s ETF fixed income range is in-line with the firm’s commitment to deliver passive solutions for clients with social responsibility goals.
She added: “As the first asset manager to sign the UN Principles for Responsible Investment (PRI), we believe the potential of socially responsible investments will continue to grow in the future, and we are committed to offering the relevant bond and equity tools adapted to these new requirements.”
