DWS has switched the underlying indices of six of its Xtrackers ETFs to MSCI Select ESG Screened indices while cutting fees, it announced on Thursday (21 October).
The "ambitious" programme of switches marks the German fund manager's latest move to further integrate ESG criteria across its ETF offerings. DWS said the latest expansion of the Xtrackers ESG suite follows the completion in September of a separate programme converting nine existing European equity ETFs to track MSCI Select ESG Screened indices. The Xtrackers ETFs now leverage MSCI's ESG research processes and combine the index providers established ESG screening methodology with an additional layer of filtering for conventional weapons and other areas, while also removing the worst E...
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