Deutsche Bank Adds ESG ETF through DWS

New ETF scores companies on new and potential carbon emissions

Deutsche Bank has bolstered its “responsible” investment offerings through its asset management arm, DWS. The money manager will provide exposure to emerging markets with an ETF tied to environmental, social and governance (ESG) factors.

The new fund is called the Xtrackers ESG MSCI Emerging Markets UCITS ETF. The company will list the fund on the London Stock Exchange under the ticker XZEM.

The ETF carries an annual fee of 0.25%.

The Deutsche Bank ETF Strategy

The XZEM will track the MSCI Emerging Market ESG Leaders Low Carbon Ex Tobacco Involvement index. The fund will score and select holdings based on ESG standards and based on existing or potential carbon emissions of companies.

In addition to low-carbon firms, the fund will exclude firms in the industries of nuclear power, controversial weapons, or tobacco production. The fund will also avoid firms with significant exposure to alcohol or gambling revenues.

“The expansion of our ESG Xtrackers range to cover emerging market equities will provide investors with an efficient new tool for taking exposure to this important area of the market,” said Manooj Mistry, head of index investing at DWS.

This is the sixth ESG ETF from Xtracker.

The group has several other ESG products that provide exposure to the global economy, Japan, USA, and European markets. It also operates a euro corporate bond ETF.

[Related: Purpose Investments Goes All In on ESG Principles]

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…