Trend ESG Global Dólar FIM, launched by XP, is the company's third fund that seeks to access those who invest in international companies recognized for their ESG (Social, Environmental and Governance Responsibility) practices. The new product is an index fund that invests in three other funds traded on the US Stock Exchange (ETFs) of the main shares of companies adhering to ESG practices outside Brazil. The initial investment in the fund is R$100.00, with a management fee of R$0.5 % per year.
“This model allows clients to have exposure to the main ETFs focused on shares of companies with ESG practices abroad and, at the same time, obtain returns linked to the dollar. As it is a strong currency, it works as a way of defending the local risk of the client’s portfolio. The first fund was very well received and the option with dollar exposure was a recurring demand from clients. Now, investors have the option to choose which one is most suitable for their objectives”, says Gustavo Pires, partner and director of Asset Management Services at XP Inc.
Know more: https://valorinveste.globo.com/produtos/fundos/noticia/2020/08/24/apos-reforcar-time-de-esg-xp-lanca-fundo-de-ativos-no-exterior-com-exposicao-ao-dolar.ghtml
