DWS has expanded its ESG range with the launch of four regional high-dividend ETFs.
The ETFs cover global, Europe, the US and the European Monetary Union (EMU) regions and are listed on the Deutsche Boerse with total expense ratios (TERs) of 0.25%.
The asset manager said the ETFs will list on London Stock Exchange on 20 October.
The ETFs are:
Xtrackers MSCI World High Dividend Yield ESG UCITS ETF (XZDW)
Xtrackers MSCI EMU High Dividend Yield ESG UCITS ETF (XZDZ)
Xtrackers MSCI Europe High Dividend Yield ESG UCITS ETF (XZDE)
Xtrackers MSCI USA High Dividend Yield ESG UCITS ETF (XZDU)
All ETFs will track different regions from the MSCI High Dividend Yield Low Carbon SRI Screened Select index family.
For example, XZDW will track the MSCI World High Dividend Yield Low Carbon SRI Screened Select index, investing in large and mid-cap companies from developed markets. The US is currently the largest weighting at 67.5%.
The indices companies via market cap before applying an optimisation process to maximise the exposure to the dividend yield factor versus the parent index.
It will then reduce the carbon-equivalent exposure to CO2 and other greenhouse gases as well as reducing its exposure to the fossil fuel sector.
The launches come on the back of a strong year to date for the German asset manager. In Q3 this year DWS accounted for almost 20% of exchange-traded product (ETP) in flows in Q3.
