DWS has teamed up with Zurich Insurance to launch an ESG focused exchange traded fund that bundles active and passive strategies into a single diversified global equity portfolio.
DWS has launched an equity exchange-traded fund- ‘ETF of ETFs’ in partnership with Zurich Insurance, adding another product to its Partnership ETF platform. The fund physically replicates the Solactive Zurich ESG Allocation Equities Index Germany’s largest asset manager DWS has introduced the Xtrackers Zurich ESG Allocation Equities UCITS ETF (XZEA), a Luxembourg-domiciled fund scheduled to list on Deutsche Börse on 23 December. The ETF carries a total expense ratio o