Xtrackers by DWS has launched an ESG global government bond ETF based on an ESG sovereign bond assessment and weighting framework developed by FTSE Russell.
The index methodology aims to provide “meaningful ESG tilting” by using an assessment system that draws on 41 ESG indicators alongside external data points.
The ETF was listed on the Deutsche Borse exchange today (Tuesday 14, December), and will be listed on the London Stock Exchange on December 15.
The ETF references the FTSE ESG Select World Government Bond Index – DM.
“The new Xtrackers ESG Global Government Bond ETF aims to provide enhanced ESG characteristics while maintaining attractive risk-adjusted performance metrics. The goal is to provide a depth of analysis that moves the market forward in terms of providing intelligent and nuanced ESG exposure,” said Simon Klein, DWS Global head of passive sales. “With this addition to our ETF suite, investors now have a diverse range of Xtrackers ESG exposures they can use, across equities and fixed income.”
The ETF has an annual all-in fee starting at 0.20%. GBP-hedged, USD-hedged and EUR-hedged share classes are also available.
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