Deutsche AM launches fixed income ESG ETF

Part of db x-tracker range

Deutsche Asset Management is launching a fixed income ETF focusing on investing in ESG corporate bonds.

The db x-trackers II ESG EUR Corporate Bond UCITS ETF (DR) tracks an index of corporate debt filtered to only include companies that meet certain sustainability, social and corporate governance requirements.  To be included, index bonds have to be investment-grade rated and be at least €300m in size as well as meeting the ETF's SRI requirements. PIMCO launches first ESG fund for UK clients The ETF uses an underlying index  - the Bloomberg Barclays MSCI Euro Corporate Sustainable and SRI index  - which has a similar yield to its non-SRI equivalent. The sustainable index offers a y...