HANSAINVEST lists first active proud@work UCITS ETF on Xetra

HANSAINVEST’s first active proud@work UCITS ETF began trading on Deutsche Börse’s Xetra on May 5, 2026. The fund was launched in partnership with Aramea Asset Management to invest globally in companies identified for trust-based, employee-oriented corporate cultures.

The ETF is listed under the ticker STLZ (EUR) with ISIN DE000A41ZZJ4. It is an equity UCITS product that follows an active investment approach and is accumulating. The fund charges an annual product fee of 0.90 percent. HANSAINVEST provides the platform and fund administration while Aramea provides the proud@work investment strategy and stock selection process.

Stock selection follows a two-step process. The first step is a qualitative pre-selection using analyses by the Great Place to Work institute to identify firms with strong workplace cultures and high employee trust. The second step is a fundamental review by Aramea’s managers, who assess each candidate’s business model, financial stability and long-term growth prospects before deciding on inclusion.

As an actively managed UCITS ETF, the product operates within the UCITS regulatory framework and uses stock picking rather than tracking a passive index. The listing on Xetra makes the ETF available to investors trading on Deutsche Börse’s electronic venue.

The proud@work UCITS ETF joins a range of thematic and actively managed ETFs in Europe that apply non-financial criteria in selection. Fund documents state that Great Place to Work analyses are used for the initial screening and that managers apply financial assessment criteria in the final selection.