New WisdomTree ETF on Xetra: Focus on sustainable companies from emerging markets without majority state ownership
New WisdomTree ETF on Xetra: Focus on sustainable companies from emerging markets without majority state ownership
A new exchange-traded fund from issuer WisdomTree has been tradable on Xetra and Börse Frankfurt since Monday.
The WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened UCITS ETF – Acc gives investors access to companies from 17 emerging markets (Brazil, Chile, China, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Philippines, Poland, Russia, South Africa, Taiwan, Thailand, Czech Republic and Turkey) that meet common sustainability criteria and are not state-owned enterprises.
Only companies where the government holds less than 20 per cent of the outstanding shares are selected for inclusion in the index. The selected companies are then weighted according to market capitalization based on free float.
Companies that are not in line with the principles of the United Nations Global Compact, are involved in serious ESG-related controversies, or have significant business activities in the areas of thermal coal, weapons or tobacco are excluded from the index.
Name | Asset class | ISIN | On-going charges | Distribution policy | Reference index |
WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened UCITS ETF – Acc | Equity ETF | 0.32 per cent | Accumulating | WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,693 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.