{"id":21711,"date":"2020-06-18T08:45:31","date_gmt":"2020-06-18T07:45:31","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/?p=21711"},"modified":"2020-06-18T09:18:35","modified_gmt":"2020-06-18T08:18:35","slug":"ossiam-launches-first-euro-government-bond-reduced-carbon-etf","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/ossiam-launches-first-euro-government-bond-reduced-carbon-etf\/","title":{"rendered":"Ossiam launches first Euro Government Bond Reduced Carbon ETF"},"content":{"rendered":"

Ossiam, the smart beta investment specialist and affiliate of Natixis Investment Managers, has today announced the listing of a new exchange-traded fund, …<\/span><\/p>\n

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Sign up to our free newsletters<\/span><\/a><\/strong><\/p>\n

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Bruno Poulin, CEO of Ossiam<\/b><\/p>\n

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the Ossiam Euro Government Bonds 3-5Y Carbon Reduction UCITS ETF 1C (EUR), on the Xetra exchange in Germany. The fund launches with \u20ac200 million of investor capital.<\/p>\n

The fund\u2019s strategy aims to replicate the performance of the ICE (Intercontinental Exchange) 3-5 Year Euro Government Carbon Reduction Index.<\/strong><\/p>\n

Bruno Poulin, CEO of Ossiam, said: \u201cWe are very pleased to announce the launch of our latest ETF to add to our ESG product range. It\u2019s an additional component for investors who wish to manage their portfolio\u2019s total carbon footprint.\u201d<\/strong><\/span><\/p>\n

The objective of the new ETF is to provide investors with exposure to eurozone bonds with a 3- to-5 year maturity tranche incorporating a systematic reduction of the portfolio\u2019s carbon footprint by weighting dependent on countries\u2019 respective carbon footprints. To limit relative risks, the composition returns to the benchmark\u2019s performance and risk\/return profile when the spreads between Germany and other Eurozone countries diverge at an accelerating rate.<\/strong><\/p>\n

The index is composed of a selection of EUR-denominated sovereign bonds with a remaining maturity greater than three years and less than five years, issued by Eurozone country members. The weights of the bonds in the fund are determined using an optimisation procedure that aims to minimise deviations from the weights of the bonds in the investment universe, the ICE BofAML 3-5 Year Euro Government Index, while reducing the carbon footprint within country deviation limits.<\/p>\n

Carbon Reduction<\/strong><\/span><\/p>\n

The strategy has an average fossil carbon emission target 30% lower than that of the investment universe. The target is calculated using the carbon data of each country in the portfolio and their respective weights, based on fossil CO2 per capita data published in the European Union\u2019s Emissions Database for Global Atmospheric Research. The strategy allows a 5% maximum deviation of each country\u2019s weight from their weight in the benchmark index. It achieves an actual 12.6% reduction versus the benchmark, in tons of CO2 per capita per year.<\/strong><\/p>\n

The ETF is regulated in Luxembourg, carries a maximum Total Expense Ratio of 0.17% and uses physical replication. It is denominated in Euros.<\/p>\n

Source: ETFWorld<\/p>\n","protected":false},"excerpt":{"rendered":"

Ossiam, the smart beta investment specialist and affiliate of Natixis Investment Managers, has today announced the listing of a new exchange-traded fund, …<\/p>\n","protected":false},"author":4,"featured_media":21713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[4],"tags":[162],"class_list":["post-21711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-europe","tag-ossiam-etf"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/21711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=21711"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/21711\/revisions"}],"predecessor-version":[{"id":21714,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/21711\/revisions\/21714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/21713"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=21711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=21711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=21711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}