New Active ETF from First Trust on Xetra: global companies with sustainability focus and capital strength
New Active ETF from First Trust on Xetra: global companies with sustainability focus and capital strength
Since Wednesday, a new Active ETF issued by First Trust is tradable on Xetra and Börse Frankfurt.
The First Trust Global Capital Strength ESG Leaders UCITS ETF offers investors the opportunity to participate in the performance of companies from the MSCI ESG Index through an active investment strategy. Using the "capital strength method", around 50 large and medium-sized companies from industrialised and emerging countries are selected that have good capitalisation and strong balance sheets. In addition, the companies have a high ESG performance relative to comparable companies.
The main constituents are companies from the industrial, financial, and healthcare sectors as well as the consumer staples sector.
Companies that do business in alcohol, tobacco, gambling, nuclear energy, and weapons are excluded.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
First Trust Global Capital Strength ESG Leaders UCITS ETF | Active ETF | 0.75 per cent | accumulating |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,794 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.