New FlexShares ETFs on Xetra: emerging markets companies with focus on dividend yield or low volatility as well as climate and sustainability targets
New FlexShares ETFs on Xetra: emerging markets companies with focus on dividend yield or low volatility as well as climate and sustainability targets
Two new exchange traded funds issued by FlexShares have been tradable on Xetra and Börse Frankfurt since Monday.
The FlexShares Emerging Markets High Dividend Climate ESG UCITS ETF - Dist and the FlexShares Emerging Markets Low Volatility Climate ESG UCITS ETF - Acc are strategy ETFs with a focus on emerging markets.
The two ETFs give investors access to 85 per cent of the market capitalisation of emerging markets, with the option of investing in either large and mid-cap companies with high dividend yield or low volatility. All companies have been pre-selected for their quality in terms of profitability, cash flow and management experience.
Furthermore, the companies are selected based on their climate and sustainability targets. Companies with activities in the areas of tobacco and weapons as well as a high carbon intensity are excluded from the index. In addition, common standards regarding ESG criteria (environmental, social, and good corporate governance) must be met.
Name | Asset class | ISIN | On-going charges | Distribution policy | Reference index |
FlexShares Emerging Markets High Dividend Climate ESG UCITS ETF - Dist | Equity ETF | 0.35 per cent | Distributing | iSTOXX Northern Trust Emerging High Dividend Climate ESG Index | |
FlexShares Emerging Markets Low Volatility Climate ESG UCITS ETF - Acc | Equity ETF | 0.31 per cent | Accumulating | iSTOXX Northern Trust Emerging Markets Low Volatility Climate ESG Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,706 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.