AXA Investment Managers (AXA IM), the asset management arm of French insurance group AXA, has introduced its first three ETFs in Switzerland.

AXA IM has introduced its ETFs on SIX Swiss Exchange.

Two of the ETFs deliver actively managed impact strategies by targeting companies supporting biodiversity efforts and firms making a positive contribution to reducing climate change.

The third ETF, meanwhile, provides low-cost access to the Nasdaq 100.

All three funds have been listed on SIX Swiss Exchange in US dollars.

Biodiversity

The AXA IM ACT Biodiversity Equity UCITS ETF (ABIU SW) invests in companies listed worldwide and from across the market capitalization spectrum, including up to a quarter of the portfolio’s total assets in emerging market stocks and up to 10% in Chinese A-shares.

AXA IM uses a combination of qualitative and quantitative analysis to seek out companies with attractive investment fundamentals that are providing solutions for biodiversity issues such as pollution on land and water, land degradation, fauna and flora destruction, desertification, and overconsumption.

Companies that do not directly support biodiversity efforts but have high-quality operations that minimize negative biodiversity externalities will also be considered for inclusion.

The ETF comes with an expense ratio of 0.70% and is classified as an Article 9 product under the European Union’s Sustainable Finance Disclosure Regulation (SFDR).

Climate innovators

The AXA IM ACT Climate Equity UCITS ETF (ACLU SW) follows a similar investment approach as described above but focuses on companies providing solutions for climate issues. Eligible firms include those that are producing renewable energy, removing CO2 from the atmosphere, improving the electric grid, investing in less carbon-intensive forms of agriculture and construction, and developing technologies to reduce waste.

Companies that are not directly solving climate issues but have high-quality operations that minimize negative climate externalities will also be considered for inclusion.

The ETF also has an expense ratio of 0.70% and is classified as an Article 9 product under SFDR.

Nasdaq 100

The AXA IM Nasdaq 100 UCITS ETF (ANAU SW) tracks the Nasdaq 100 which consists of 100 of the largest US and international non-financial companies by market capitalization listed on Nasdaq, subject to various diversification requirements.

The index includes companies across major industry groups including computer hardware and software, communications, retail/wholesale trade, and biotechnology.

The ETF has an expense ratio of just 0.14%, cheaper than any other Nasdaq 100 ETF in Europe.