Deutsche Börse welcomes FlexShares as a new ETF issuer on Xetra
Deutsche Börse welcomes FlexShares as a new ETF issuer on Xetra
Quant and ESG combined: low volatility or high dividend yield
Two exchange traded funds issued by FlexShares have become tradable via Xetra and Börse Frankfurt for the first time since Monday.
With the FlexShares Developed Markets Low Volatility Climate ESG UCITS ETF - Acc and the FlexShares Developed Markets High Dividend Climate ESG UCITS ETF - Dist, investors have two actively designed ETFs with ESG filters available. Both ETFs are based on the STOXX Global 1800 index, a globally diversified equity index from industrialised nations.
From this universe, stocks are selected that are performing in terms of profitability, management experience and cash flow. At the same time, ESG criteria are applied to take ecological, social, and corporate governance principles into account when selecting companies.
The FlexShares Developed Markets High Dividend Climate ESG UCITS ETF - Dist offers investors access to companies with a high dividend yield. In contrast, the FlexShares Developed Markets Low Volatility Climate ESG UCITS ETF - Acc focuses on companies with overall lower volatility.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
FlexShares Developed Markets Low Volatility Climate ESG UCITS ETF - Acc | Equity ETF | 0.25 per cent | Accumulating | iSTOXX Northern Trust Developed Markets Low Volatility Climate ESG Index | |
FlexShares Developed Markets High Dividend Climate ESG UCITS ETF - Dist | Equity ETF | 0.29 per cent | Distributing | iSTOXX Northern Trust Developed Markets High Dividend Climate ESG Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,643 ETFs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.