DWS lists three Net Zero Pathway Paris Aligned ETFs on the Swiss Exchange

DWS : The three new ETFs from Xtrackers offer investors access to companies from the Solactive ISS ESG Net Zero Pathway index family.

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Simon Klein, Global Head of Passive Sales, DWS

The benchmark indices focus on large and medium-sized companies selected and weighted according to their contribution to compliance with the EU Paris-aligned Benchmark (EU PAB) standards.

The aim of EU PAB indices is to reallocate capital towards a low-carbon and climate-resilient global economy. Compared to the main index, the aim is to achieve a 50 per cent reduction in greenhouse gas emissions in the first year and a 7 per cent annual reduction thereafter.

Companies that do not meet certain ESG criteria and are active in ESG-controversial business sectors are excluded. The same applies to companies that negatively impact certain United Nations Sustainable Development Goals (SDGs).

Investors can choose between companies domiciled in developed countries in Europe, Japan or the USA for the three ETFs.

First day of trading: 06-10-22

Market Makers : BNP Paribas; Société Générale

Xtrackers Japan Net Zero Pathway Paris Aligned UCITS ETF 1C

ISIN : IE00074JLU02

Currency : JPY

Benchmark Index : Solactive ISS ESG Japan Net Zero Pathway Index

Management Fee : 0.10%

Xtrackers USA Net Zero Pathway Paris Aligned UCITS ETF 1C

ISIN : IE0002ZM3JI1

Currency : CHF

Benchmark Index : Solactive ISS ESG United States Net Zero Pathway Index

Management Fee : 0.05%

Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF 1C

ISIN : IE0001JH5CB4

Currency : CHF

Benchmark Index : Solactive ISS ESG Dev. Markets Europe Net Zero Pathway Index

Management fee : 0.05%

Source: ETFWorld.co.uk