Since Thursday, two new exchange-traded funds issued by Xtrackers are tradable on Xetra and via Börse Frankfurt.
The two new ETFs enable investors to participate in the performance of large and medium-sized companies that are driving the decarbonisation of the economy to achieve the goals of the Paris Climate Agreement. Investors can focus on developed countries worldwide or the Eurozone.
The goal of the Paris Climate Agreement is to limit global warming to a maximum of 1.5°C. To achieve this, companies should reduce their carbon emissions by 10 per cent annually and physical risks from extreme weather conditions by at least 50 per cent.
For inclusion in the respective index, companies must not be active in the areas of tobacco, thermal coal, weapons, oil, and gas. Furthermore, they must not be involved in any ESG controversies or activities that negatively impact the environment.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|Xtrackers World Net Zero Pathway Paris Aligned UCITS ETF||Equity ETF||IE000TSML5I8||0.19 per cent||accumulating||Solactive ISS ESG Developed Markets Net Zero Pathway Index|
|Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF||Equity ETF||IE000Y6L6LE6||0.15 per cent||accumulating||Solactive ISS ESG Developed Markets Eurozone Net Zero Pathway Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,798 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.