Lyxor MSCI China ESG Leaders Extra (DR) UCITS ETF
ASIC.L
London Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Oct 28, 2021
- Similar Companies
- Business
- Lyxor MSCI China ESG Leaders Extra (DR) UCITS ETF (Ticker: ASIC.L) is an exchange-traded fund that seeks to replicate the performance of the MSCI China ESG Leaders Extra (Large & Mid Cap) Select 5% Issuer Capped Index (Net Total Return), before fees and expenses. The ETF provides exposure to large- and mid-cap companies in China that demonstrate strong environmental, social, and governance (ESG) characteristics, excluding those involved in controversial activities such as weapons, tobacco, or thermal coal; it employs a direct replication strategy by physically holding the index constituents. The fund offers investors a sustainable investment vehicle focused on Chinese equities with enhanced ESG ratings, covering sectors including information technology, consumer discretionary, communication services, financials, and industrials; key holdings typically include leading firms like Tencent Holdings, Alibaba Group, Meituan, and China Construction Bank, subject to index rebalancing. Launched in 2020 and domiciled in Luxembourg, the ETF is managed by Amundi Asset Management (formerly Lyxor Asset Management), a subsidiary of Amundi S.A., with primary listings on the London Stock Exchange and other European exchanges; it targets institutional and retail investors seeking ESG-integrated exposure to China's equity markets. The fund distributes dividends quarterly and maintains a low expense ratio aligned with UCITS regulations, facilitating efficient tracking of the ESG-screened benchmark that caps individual issuers at 5% to mitigate concentration risk. Geographically, it focuses exclusively on Mainland China, Hong Kong SAR, and other China-related securities eligible for foreign investment. In recent developments, Amundi completed the rebranding of its ETF platform from Lyxor to Amundi ETF in 2021 following the full acquisition of Lyxor Asset Management, integrating over EUR 50 billion in assets under management and enhancing distribution capabilities across Europe and Asia. The fund has benefited from ongoing index enhancements by MSCI, including refined ESG screening methodologies in 2024 to incorporate climate transition metrics and biodiversity exposure, reflecting heightened investor demand for sustainable China strategies. No major acquisitions, funding rounds, or product discontinuations have been reported for this specific ETF in the last 1-2 years, though Amundi expanded its ESG ETF lineup with complementary China-focused products amid volatile market conditions.