Structured Invest, the Luxembourg-based investment management arm of UniCredit Bank, has partnered with MSCI ESG to launch the UC MSCI European Green Bond EUR Ucits ETF.
The firms said it is the first exchange-traded fund (ETF) that allows investors to access a “diversified range of liquid euro-denominated green bonds from European issuers”.
The ETF targets retail investors alongside institutional investors and includes green bonds from issuers in different sectors and countries across Europe.
Antonio Keglevich, head of sustainability bond origination, UniCredit, said: “Green bonds offer investors the possibility to invest easily in projects with direct relevance for environmental protection.
“Having the same risk and yield as common bonds, green bonds provide an added value, which exceeds financial aspects. This ETF complements our value chain for green bonds.”
The ETF can be traded on the German Stock Exchange Xetra under the symbol ECBI and is approved for distribution in Germany, Austria, Italy and Luxembourg.
