DWS Group today announced the launch of Xtrackers MSCI USA ESG Leaders Equity ETF (NYSE Arca: USSG). Developed in collaboration with Ilmarinen, Finlands largest pension insurance company (as of Dec. 31, 2018)1, the fund provides exposure to large- and medium-cap U.S. companies with high environmental, social and governance (ESG) performance relative to their sector peers. The expense ratio for the new fund is 0.10%.
Sustainability and ESG considerations are an integral aspect of our investment strategy and overall company philosophy and have been so for almost two decades, said Anna Hyrske, Head of Responsible Investments at Ilmarinen. We welcome new ETF products that incorporate ESG factors in a pragmatic and efficient way. Taking material and relevant ESG data into account helps us achieve our goal of investing pension assets so that the return also secures the pensions of the future generations.
Sustainability is one DWSs four core values, not only from an investment perspective, but also as a financial market participant. The new fund is an expansion of the Xtrackers suite of ESG ETFs, which also includes the Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF (NYSE Arca: ACSG), the Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF (NYSE Arca: EMSG) and the Xtrackers MSCI EAFE ESG Leaders Equity ETF.
Our aim is to be the partner of choice for our clients and to develop and provide solutions that allow them to fulfil their financial objectives in a way that is aligned with their core values, said Fiona Bassett, Global Co-Head of Passive Asset Management and Global Co-Head of Product, DWS Group. Our focus on our clients is paramount and we are delighted to collaborate with Ilmarinen to develop and bring USSG to the market. This latest expansion in our ESG offering will provide investors the opportunity to get exposure to the U.S. market while ensuring they invest in companies with the highest ESG performance and to do so at a highly competitive price point.
USSG seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA ESG Leaders Index.
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
For more information about DWSs ETFs available in the US, visit: www.Xtrackers.com.
DWS Group (DWS) is one of the world’s leading asset managers with USD 757.9 billion of assets under management (as of 31 December 2018). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management “ as well as our deep environmental, social and governance focus “ complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our strategic investment approach.
DWS wants to innovate and shape the future of investing: with approximately 3,600 employees in offices all over the world, we are local while being one global team.
Ilmarinen is a mutual pension insurance company. Our task is to ensure that our customers receive the pension they earned from employment. We promote a better working life and thus help our customers succeed. Ilmarinen is Finlands largest earnings-related pension insurer for private sector. In total, we are responsible for the pension cover of more than 1,1 million people.
To cover the pension liabilities Ilmarinen has investment assets of EUR 47 billion. We invest pension assets in a profitable, secure and responsible manner, to secure pensions also to the future generations. For more information, please visit: www.ilmarinen.fi
ETF shares are not individually redeemable, and owners of shares may acquire those shares from the Fund, or tender such shares for the redemption to the Fund, in Creation Units only.
Consider each Funds investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in the Funds prospectus, which may be obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a prospectus at www.Xtrackers.com. Please read it carefully before investing.
Xtrackers ETFs are managed by DBX Advisors LLC (the Advisor), and distributed by ALPS Distributors, Inc. (ALPS). The Advisor is a wholly owned subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS.
Ilmarinen and ALPS Distributors Inc. are not affiliated.
USSG Risks: Investing involves risk, including the possible loss of principal. ESG criteria in a funds investment strategy does not guarantee a return or protect against a loss. Stocks may decline in value. This fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. An investment in this fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with the fund. Please read the prospectus for more information.
MSCI and MSCI Indexes are service marks of MSCI Inc. and have been licensed for use by DBX. The ETFs are not sponsored, endorsed, issued, sold or promoted by MSCI Inc. nor does this company make any representations regarding the advisability of investing in the ETFs.
No bank guarantee | Not FDIC insured | May lose value
2019 DWS Group GmbH & Co. KGaA. All rights reserved. DBX003803 03.07.2020 065476_1.0_
|1||Source: TELA, The Finnish Pension Alliance|
+1 (212) 250-0072