As of 03/10/2023
European Green Deal UCITS ETF
The European Green Deal UCITS ETF is a green ETF which provides exposure to the companies which could benefit from the European Green Deal, a set of policy initiatives approved by the European Commission in 2020.
The European Green Deal is a landmark transaction enacted by the European Commission to move Europe to become the first carbon neutral continent, mobilizing over €1 trillion worth of investment in research and development.
The deal pledges to reduce greenhouse gas emissions by 2030, and achieve complete carbon neutrality by 2050. This can be summarised by the four key targets:
- Clean Energy: 45% renewable energy generation by 2030.
- Sustainable Mobility: 90% reduction in transport related emissions by 2050.
Building & Renovations: double the current rate renovation of public &
Circular Economy: 70% waste recycling target.
EUGD tracks the SGI European Green Deal ESG Screened NTR Index. Stocks are selected based on their exposure and involvement to 4 key policy areas identified by SG Research (Clean energy, Sustainable mobility, building and renovation and circular economy). The stocks are also ESG screened.
To learn more about the European Green Deal from the European Commission itself, click here.
Please remember that the value of your investment may go down as well as up and your capital is at risk.
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Why Invest in EUGD European Green Deal ETF?
Europe’s “man on the moon” moment:
The European Green Deal is set to mobilise over €1 trillion of investment designed to make Europe the first climate neutral continent. This represents 30% of the EU budget and creates an enabling framework for private investments and the public sector to facilitate sustainable investments.
Need for energy security:
Europe wants to be at the forefront of the green tech revolution. Alongside pressing climate change needs, it is also about geopolitical security. This means reducing reliance on energy imports, particularly from potentially hostile geopolitical actors.
Stocks with a poor environmental score are excluded, ensuring that the fund provides exposure to the best-in-class stocks focused on clean energy, sustainable mobility, building and renovation, and the circular economy.
Thematic ETFs are exposed to a limited number of sectors and thus the investment will be concentrated and may experience high volatility Thematic ETFs are exposed to a limited number of sectors and thus the investment will be concentrated and may experience high volatility
Investors’ capital is fully at risk and may not get back the amount originally invested
Exchange rates can have a positive or negative effect on returns
The value of equities and equity-related securities can be affected by daily stock and currency market movements
When you invest in ETFs, your capital is at risk.