First Trust has launched a best-in-class ESG ETF covering developed and emerging markets.

The First Trust Global Capital Strength ESG Leaders UCITS ETF will invest in global equities across 23 developed and 27 emerging market countries, with an ESG strategy of inclusion in the MSCI ACWI ESG Leaders index. The index excludes companies involved in alcohol, tobacco, gambling, nuclear power, conventional weapons and civilian firearms. From this, 50 equally weighted stocks is selected for the portfolio.