The funds aim to combine active stock selection with the structure of an exchange-traded fund.

Asset management firm DWS has launched two active equity exchange traded funds (ETFs) under its Xtrackers range, expanding its offering in actively managed strategies. Both strategies use active stock selection rather than tracking traditional market cap weighted indices The Xtrackers Global Equity Top Active ETF and the Xtrackers Global Growth Leaders Active UCITS ETF have been listed on the London Stock Exchange. The first fund follows a diversified approach, building a portfolio of aroun