LGIM has partnered with Foxberry to launch a US equivalent of its L&G Europe Equity (Responsible Exclusions) UCITS ETF, alongside a US iteration of the index.
The L&G US Equity (Responsible Exclusions) UCITS ETF is listed on the London Stock Exchange and has a total expense ratio (TER) of 0.12%. It will track the Foxberry Sustainability Consensus US Total Return index, also launched today (10 December). ESG in ETFs: Which US funds have the highest ratings? The fund will utilise a Sustainability Committee to offer exposure to US equities based on an exclusion method, as it did for its European equivalent. The ETF has once again received investment from Finnish pension insurance firm Varma, this time to the tune of $550m. Timo Sallin...
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