Alternative Investments/ESG: DWS Expands ESG Range With Three Paris-Aligned ETFs

https://dailyalts.com/wp-content/uploads/2022/09/pollution-g914966707_640.jpg

The new ETFs provide large and mid-cap exposure to stocks from the US, Europe, and Japan.

DWS has launched three new ETFs as an extension of its existing suite of climate-focused ETFs. To be listed in Europe, the three new Paris-aligned equity ETFs provide large and mid-cap exposure to stocks from the US, Europe, and Japan. (ETF Strategy)

DWS Xtracker Paris ETFs

The new ETFs are the Xtrackers USA Net Zero Pathway Paris Aligned UCITS ETF (XNUS GY), which comes with an expense ratio of 0.10%, and the Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF (XEPA GY) and Xtrackers Japan Net Zero Pathway Paris Aligned UCITS ETF (XNJP GY), both of which are priced at 0.15%.

The ETFs are classified as Article 9 products under the EU’s Sustainable Finance Disclosures Regulation (SFDR).

They track the Solactive ISS ESG Net Zero Pathway indices which satisfy the requirements of the EU’s Paris Aligned Benchmark (PAB) regulation, aligning with a trajectory to limit global warming to 1.5°C above pre-industrial levels by 2050.

Fundspeak

Simon Klein, Global Head of Passive Sales at DWS, said: “We see impact investing as one of the major future tasks for asset managers. With these new ETFs, we are expanding our range of climate agreement-oriented ETFs to include important investment regions with a view to performance potential and diversification. The recent CREATE Report has shown that institutional investors are looking for solutions to implement impact investing in their portfolios.”

DWS first launched its PAB ETF range in March with the unveiling of the Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF (XNZE) and the Xtrackers World Net Zero Pathway Paris Aligned UCITS ETF (XNZW).

Related Story: DWS Launches An ESG Eurozone Sovereign Bonds ETF

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/2022/09/Breeding-Black-Soldier-Flies©ParisTsitsosforLivinFarms-scaled.jpg
Venture Capital: LIVIN Farms, A Provider Of Bugs On Subscription, Raises €6M Series A

LIVIN Farms, an industrial technology provider in the alternative protein industry, has developed HIVE PRO, a fully automated process that allows waste management companies and large scale food producers to…

https://dailyalts.com/wp-content/uploads/2022/09/gavel-gbf1ca5f08_640.jpg
Digital Assets: Sam Bankman-Fried’s FTX US Wins Auction For Voyager Digital’s Bankruptcy Assets With $1.4B Bid
September 28, 2022     Digital Assets, News

West Realm Shires Inc., dba FTX US, has won the bankruptcy auction for the assets of Voyager Digital with a bid of about $1.422 billion. It was held to be…

https://dailyalts.com/wp-content/uploads/2022/09/alex-knight-B0-kMa8BgU-unsplash.jpg
Artificial Intelligence: Clearview Nabs Patent For Technology That Creates Bias-Free Algorithms

Clearview AI announced its win of the “Scalable Training Data Preparation Pipeline And Efficient Distributed Trainer For Deep Neural Networks In Facial Recognition” patent (U.S. Patent No. 11,443,553) issued by…

https://dailyalts.com/wp-content/uploads/2022/09/UN17SDGs.jpg
Alternative Investments/ESG: The Newday Sustainable Development Equity ETF

Newday offers portfolios addressing the world’s most pressing environmental and social issues including climate action, ocean health, clean water, diversity, equity and inclusion, wildlife conservation and animal welfare, and stakeholder…