DWS has launched a new global infrastructure ETF focused on energy, transport and communications.
The Xtrackers Global Infrastructure ESG UCITS ETF is listed on the London Stock Exchange and Deutsche Borse and is benchmarked to the Dow Jones Brookfield Global Green Infrastructure index. The fund gives exposure to 73 companies that provide energy, transport, and communications infrastructure. It includes an ESG screen that excludes some companies involved in controversial weapons, small arms, military contracting, coal, thermal coal, oil sands and tobacco.
Michael Mohr, head of products at Xtrackers, DWS, said, “The need for infrastructure beyond fossil fuels is growing rapidly as governments and companies worldwide seek to develop more sustainable infrastructure focused on electrification and computing. The index offers broad, global infrastructure exposure, but its focus is particularly on infrastructure projects that rely on greener technologies.”
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