Torsdag 24 April | 05:55:30 Europe / Stockholm

Prenumeration

2023-07-14 11:00:00

AuAg received its largest investment to date on Wednesday. A european pension fund bought in the exchange-traded fund, AuAg Gold Mining, for EUR 24 million. Together with AuAg's other funds AuAg Silver Bullet, AuAg Precious Green and this year's novelty AuAg Essential Metals, they now manage just under EUR 170 million.

AuAg ESG Gold Mining UCITS ETF (Ticker: ESGO) seeks to provide exposure to an equally weighted basket of 25 ESG-screened companies active in the precious metals mining industry. The fund uses Sustainalytics, which is a world-leading provider of ESG data, to invest in the companies with the best ESG risk rating. The fund has 5 globes in Morningstar's sustainability ranking.

Precious metals enable and are necessary to succeed in the green transition.

"This significantly increase the funds AUM which makes it invetable for more large institutions. We're now really looking forward to the second half of 2023 where we see a lot of opportunity to continue to grow the business" (Quote, Eric Strand)