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HANetf launches European Green Deal ETF in France
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HANetf launches European Green Deal ETF in France

The ETF, launched in association with Societe Generale, aims to provide exposure to the companies expected to benefit from the European Green Deal
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23 JAN, 2024

By HANetf

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HANetf, Europe’s first and only independent white-label UCITS ETF and ETC platform, and leading provider of digital asset ETPs, is delighted to announce that European Green Deal UCITS ETF (EUGD) is now listed on Euronext Paris.

The ETF first listed in the UK and Germany, gained $50 million AUM within two months


EUGD launched on London Stock Exchange and Deutsche Borse Xetra in July of last year, and went on to accrue $50 million in assets under management (AUM) within two months of trading. The fund also launched on SIX Swiss Exchange this month.


The ETF, launched in association with Societe Generale, aims to provide exposure to the companies expected to benefit from the European Green Deal, a landmark transaction enacted by the European Commission to make Europe the world’s first carbon neutral continent.


The deal mobilises over €1 trillion worth of investment in research and development, and pledges to reduce greenhouse gas emissions by 55% by 2030, and achieve complete carbon neutrality by 2050.
Beyond making Europe the first climate neutral continent worldwide, the Deal is expected to create new opportunities for innovation, investment, and jobs. Additionally, all 27 EU Member States have committed to the Deal.

The European Green Deal UCITS ETF targets stocks, selected by Societe Generale’s research department, from within 4 key sectors that could benefit from this agreement:

  • 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 & private buildings.
  • Circular Economy: 70% waste recycling target.
  • EUGD tracks the SGI European Green Deal ESG Screened NTR Index. It employs an ESG-screen and is classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).
  • Offering the innovative ETF in France underscores HANetf’s continued commitment to reaching investors across Europe and beyond. HANetf now has 13 ETFs and 4 ETCs listed on Euronext Pari
quote

"We are delighted to be listing European Green Deal UCITS ETF on Euronext Paris. We believe that EUGD, launched in association with Societe Generale, is a unique opportunity to access what EU Commission President Ursula von der Leyen described as Europe’s “man on the moon moment”. 

“At HANetf, we are dedicated to providing innovative ETF solutions to investors across Europe, and beyond. Demand for ETFs in France is growing steadily, evidenced by the regular queries HANetf has received from investors based there.”

Hector McNeil, Co-Founder and Co-CEO of HANetf
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