DWS readies ‘climate action’ ETF
The product would be the 14th Xtrackers ETF with an ESG theme
The product would be the 14th Xtrackers ETF with an ESG theme
Luxembourg-registered Article 9 fund has ‘do no harm’ mandate
The fund is subadvised by Eagle Global Advisors
The fund would invest in companies involved in natural resources other than fossil fuels
There is a lack of ESG funds on the market designed to address volatility through a buy-write strategy
Having more choice undercuts the argument investment companies impose their will on market participants
More new ESG funds are coming to the market, and a greater share are sustainable funds, according to Cerulli
The number of new fund launches also reached a record high during the quarter, according to Morningstar
The firm currently manages about $400m in US institutional assets
It would follow the Morningstar Global Emerging Green Technologies Select Index
Fund selectors indicate where they would welcome more variety in product offerings
Firm has taken advice from WWF-NL