Alternative Investments/ESG: Dimensional Announces Equity ETFs Targeting Carbon Emissions

https://dailyalts.com/wp-content/uploads/2022/11/spheres-g73ca1efc6_640.jpg

The three new Dimensional equity sustainability exchange traded funds listed on the New York Stock Exchange on Wednesday.

Dimensional Fund Advisors launched three new ETFs offering broadly diversified exposure to U.S., developed international, and emerging markets equities while applying climate-focused sustainability considerations – in particular, a reduction in carbon emissions exposure. The ETFs were listed on the NYSE on Wednesday and have net expense ratios varying from 0.18% to 0.41%. (Dimensional)

The fund manager has also filed for a global fixed income sustainability ETF, which it intends to launch later this month.

The new funds are:

The US Sustainability Core 1 ETF (NYSE: DFSU)

• Net expense ratio: 0.18%

• Description: U.S. market-wide solution emphasizing higher expected returns and targeting reduced carbon emissions exposure

The International Sustainability Core 1 ETF (NYSE: DFSI)

• Net expense ratio: 0.24%

• Description: Developed non-U.S. market-wide solution emphasizing higher expected returns and targeting reduced carbon emissions exposure

The Emerging Markets Sustainability Core 1 ETF (NYSE: DFSE)

• Net expense ratio: 0.41%

• Description: Emerging markets market-wide solution emphasizing higher expected returns and targeting reduced carbon emissions exposure

Dimensional: Fundspeak

“Dimensional’s approach to sustainability investing integrates emissions-based exclusions and weighting criteria to reduce carbon footprint exposure both across and within sectors,” said Co-CEO and Chief Investment Officer Gerard O’Reilly. “These funds importantly begin with Dimensional’s time-tested investment process, which blends what we believe is the best of passive investing with flexible, active implementation before layering in targeted, data-driven sustainability considerations. This enables us to focus on delivering sound investment solutions that are broadly diversified and designed to pursue higher expected returns while also driving reductions in carbon emissions exposures.”

Related Story: Dimensional Has Four Sustainable ETFs On The Anvil

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.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2022/12/defense-attorney-g17da42d37_640.jpg
Digital Assets: Mike Novogratz Hits Out At Sam Bankman-Fried, Calls For His Prosecution
December 2, 2022     Digital Assets, News

Mike Novogratz, the billionaire CEO of Galaxy Digital (TSE: GLXY), was unequivocally critical about Sam Bankman-Fried’s virtual New York Times (NYT) Dealbook Summit interview. “I’m hoping that the authorities get…

https://dailyalts.com/wp-content/uploads/2022/12/Home_Hero.png
FinTech: Monzo To Turn Profitable In 2023, Says CEO
December 2, 2022     FinTech, News

“We will be profitable in the next financial year,” TS Anil said at the summit on Thursday, though Monzo reported pre-tax losses of £119mn for the 12 months to the…

https://dailyalts.com/wp-content/uploads/2022/12/binary-geafeafdd2_640.jpg
Artificial Intelligence: OpenAI Launches ChatGPT, A New Conversational AI System
December 2, 2022     Artificial Intelligence, News

OpenAI has unveiled ChatGPT, a new AI system that interacts in a conversational way. As part of a dialogue format, ChatGPT answers followup questions, admits its mistakes, challenges incorrect premises,…

https://dailyalts.com/wp-content/uploads/2022/12/MKV-product-hero.jpg
Artificial Intelligence: Monarch’s Electric, Driver-Optional, Smart Tractor Now In Commercial Production

Monarch Tractor has rolled out the first production model of the MK-V tractor that combines electrification, automation, and data analysis to help farmers reduce their carbon footprint, improve field safety,…