Swedish fund manager AuAg Fonder is launching a gold mining ETF, with a total expense ratio of 0.6 percent an expected Article 8 classification, according to a company statement.
The fund will be listed on the London Stock Exchange at the beginning of July. It tracks the Solactive AuAg Gold Mining index and aims to help investors get exposure to gold mining companies with a lower ESG risk rating. It will have equal weighting and each holding will have an allocation of 4 percent.
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