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NEWS - ETFS

Osmosis adds sterling quote for climate solutions ETF

19 Jul 2010 | 16:15
Emma Dunkley

Categories: ETFs

Topics: Climate change | Etf/etc

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Osmosis Investment Management has announced its climate solutions ETF is now quoted in sterling as well as US dollars on the London Stock Exchange.

The specialist asset manager says the addition of the sterling quote follows requests from institutional and retail clients, while allowing the fund to be listed on wrap platforms.

The Osmosis Climate Solutions ETF will be available on the wrap platform Novia and will be accessible via other platforms soon.

Osmosis Investment Management partner Ben Dear says: "Due to the rise in investor appetite for low carbon investing and the use of low cost products such as ETFs, we have brought forward the listing of our sterling quote, partly to enable inclusion on wrap platforms."

The index underlying the ETF comprises 100 companies with more than 50% of earnings derived from products or services based on the efficient use of natural resources and the mitigation of climate change.

A liquidity screen is also used to filter eligible companies, and the index is then weighted to ensure diversified global exposure to climate solution technologies.

 

 

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Categories: ETFs

Topics: Climate change | Etf/etc

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