HSBC Europe Ex UK Screened Equity UCITS ETF EUR (Dist)

The HSBC Europe Ex UK Screened Equity UCITS ETF EUR (Dist) seeks to track the FTSE Developed Europe ex UK ESG Low Carbon Select index. The FTSE Developed Europe ex UK ESG Low Carbon Select index tracks large and mid cap securities from Europe (excluding UK). The index aims to reduce carbon emissions and fossil fuel consumption by 50 percent each and to improve the ESG (environmental, social and governance) rating by 20 percent, compared to its parent index (FTSE Developed Europe index). Excluded sectors and companies: weapons, thermal coal, tobacco, nuclear power, non-compliance with UN Global Compact.

The ETF's TER (total expense ratio) amounts to 0.15% p.a.. The HSBC Europe Ex UK Screened Equity UCITS ETF EUR (Dist) is the only ETF that tracks the FTSE Developed Europe ex UK ESG Low Carbon Select index. The ETF replicates the performance of the underlying index by full replication (buying all the index constituents). The dividends in the ETF are distributed to the investors (Semi annually). The HSBC Europe Ex UK Screened Equity UCITS ETF EUR (Dist) is a small ETF with 34m Euro assets under management. The ETF was launched on 21 April 2022 and is domiciled in Ireland.