LXYOR issues DAX ESG ETF

Lyxor has issued the first ETF for the DAX incorporating ESG criteria.

The Lyxor DAX 50 ESG UCITS ETF offers exposure to 50 companies with the best ESG ratings taken from the HDAX index, which includes equities that are part of the DAX, MDAX and TecDAX indices and consists of 99 stocks. Stocks are assessed using Sustainalytics’ Global Standards Screening assessment and excludes controversial weapons, tobacco, thermal coal, nuclear power and military.