DWS launches Nasdaq ETF as part of trio of US launches

ESG fund also listed

DWS has launched a physically replicated Nasdaq 100 ETF, offering investors access to the heavily technology-weighted US index.

The Xtrackers Nasdaq 100 UCITS ETF will be listed on the London Stock Exchange from 28 January 2021 and will be available for a total expense ratio of 0.2%. Baillie Gifford's James Anderson: Amazon could be nearing 'day two' Skewed heavily towards technology stocks, the Nasdaq 100 is comprised of the 100 largest domestic and international companies in the US, excluding financial firms. Simon Klein, global head of passive sales at DWS, said demand for the fund should be high as investors position their portfolios for the "post-Covid-19 innovation economy". DWS cuts fees on more t...