Credit Suisse Asset Management has launched an ESG ETF offering exposure to global stocks with a minimum volatility tilt.
The CSIF (IE) MSCI World ESG Leaders Minimum Volatility Blue UCITS ETF (CSY9) is listed on Deutsche Boerse and SIX Swiss with a total expense ratio (TER) of 0.25%. It is composed of large and medium-sized companies from 23 developed markets that are in line with MSCI’s sustainability criteria.
Companies are selected on the basis of the minimum variance approach, choosing companies with low volatility and contribute to reducing the overall risk profile of the portfolio. Additionally, companies with significant business in the fields of nuclear energy, tobacco, alcohol, gambling or weapons are excluded from the index.