HANetf rolls out European Green Deal offering

Fund tracks Societe Generale’s SGI European Green Deal index


HANetf has launched the European Green Deal UCITS ETF (EUGD) on the London Stock Exchange and Deustche Börse XETRA. 

The white-label ETF and ETC platform said the new offering will provide investors with exposure to companies which stand to benefit from the European Commission’s efforts to cut carbon emissions. 

This is achieved by tracking Societe Generale’s SGI European Green Deal ESG Screened NTR Index.

See also: Two thirds of professional investors think macro investing now ‘more relevant’

The European Green Deal is a piece of EU policy that aims to reduce greenhouse gases by 55% by 2030 and achieve carbon neutrality by 2050 through various means.

Investable themes the ETF will touch on include clean energy, sustainable mobility, building and renovation, and the circular economy.

See also: EY: UK company profit warnings increase for seventh consecutive quarter

Hector McNeil, founder and co-CEO of HANetf, commented:  “The European Green Deal is set to reshape the European Union’s economy over the coming decades, as member states strive to achieve climate neutrality by 2050. This will require considerable investment and should promote the growth of companies that have a role to play in the transition.”

PA EVENT: Fixed IncomeSeptember 14th | RSVP HERE

Hosted at Pan Pacific Hotel

Join us for an in-depth exploration of the fixed-income market, where industry experts will delve into the current landscape, emerging opportunities, and strategies for optimizing fixed-income portfolios. 

Sponsors include Alliance Bernstein, J Safra Sarasin, Premier Miton, RBC Bluebay, Vontobel and 1 more to be announced.

Latest Stories