HSBC Asset Management (HSBC AM) has added two Paris-aligned ETFs to its range, bringing the total to four.
HSBC MSCI Emerging Markets Climate Paris Aligned UCITS ETF and HSBC MSCI AC Asia Pacific ex-Japan Climate Paris Aligned UCITS ETF are classified as Article 9 under the Sustainable Finance Disclosure Regulation and track the MSCI Emerging Markets Climate Paris Aligned benchmark Index and the MSCI AC Asia Pacific ex Japan Climate Paris Aligned benchmark Index respectively.
They seek to overweight companies with a high proportion of green revenue, those that are putting forward credible decarbonisation solutions, and those exposed to lower physical climate risk.
Olga de Tapia (pictured), global head of ETF and indexing sales, HSBC AM, commented: “Enabling our clients to improve the social and environmental impact of their portfolios is a priority for us.”
The funds bolster the existing range, which comprises the HSBC MSCI World, USA, Europe, and Japan Funds. The emerging markets ETF has a total expense ratio of 0.18% and the Asia Pacific ETF of 0.25%.