DWS Group has today launched the Xtrackers MSCI USA ESG Leaders Equity ETF (USSG). Developed in collaboration with Ilmarinen, Finland’s largest pension insurance company, the fund provides exposure to large- and medium-cap US companies with high environmental, social and governance (ESG) performance relative to their sector peers.
The expense ratio for the new fund is 0.10 per cent.
“Sustainability and ESG considerations are an integral aspect of our investment strategy and overall company philosophy and have been so for almost two decades,” says 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 DWS’s 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 (ACSG), the Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF (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,” says 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.”