Overview
Description
Goldman Sachs ActiveBeta Paris-Aligned Sustainable US Large Cap Equity UCITS ETF is an equity exchange-traded fund designed to offer exposure to large-cap U.S. stocks while aligning with Paris Agreement climate objectives. The fund pursues its objective by tracking the Goldman Sachs ActiveBeta US Large Cap Equity Index, employing a systematic approach that selects and weights constituents based on four distinct style factors: value, momentum, quality, and low volatility. The ETF utilizes full physical replication, directly investing in all underlying index holdings, and dividends are accumulated and reinvested into the fund rather than distributed to shareholders.
With over 440 holdings, the ETF provides diversified access across major U.S. sectors, including technology, healthcare, consumer discretionary, and financials. Noteworthy positions include industry leaders such as Apple, Microsoft, and Johnson & Johnson. The fund's Paris-aligned sustainable focus means it incorporates climate criteria when selecting stocks, aiming to reduce carbon exposure in line with global climate goals. This ETF has a competitive total expense ratio of 0.14% per annum and assets under management of approximately €168 million, making it a significant player for institutional and retail investors seeking both sustainable and broad U.S. equity market exposure within a climate-aware framework.
About
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Instrument type
ETF
Country
Germany
MIC code
XHAM