On July 6, 2020 ETF Stream reported that “Amundi has expanded its environmental, social and governance (ESG) leaders range with the launch of an emerging markets ETF.
The Amundi MSCI Emerging ESG Leaders UCITS ETF (SADM) is listed on Deutsche Boerse with a total expense ratio of 0.18%.
SADM offers exposure to companies from 26 emerging market countries with high ESG performance relative to their sector peers, determined by MSCI.
Its ESG methodology involves an exclusion screener that removes companies involved in tobacco, alcohol, gambling, nuclear power, weapons and other controversial business involvement.
Amundi’s sustainable ETF offering includes three other ESG leaders products offering exposure to Europe, USA and global regions.
Ilmarinen, one of Finland’s largest pension insurance companies, has seeded the launch of SADM with over €500m in assets.”
You may read the article on the ETF Stream internet site.