WisdomTree brings Emerging Markets ex-State-Owned Enterprises ETF to Europe

TER of 0.32%

WisdomTree has launched its Emerging Markets ex-State-Owned Enterprises ESG Screened UCITS ETF (XSOE) in Europe, offering targeted exposure to emerging market companies that have less than 20% government ownership.

XSOE aims to track the performance of the WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened index, which has been live since 2014. WisdomTree said it has listed the ETF on the London Stock Exchange, Börse Xetra and Borsa Italiana following a "successful" $4.8bn strategy in the US, which was originally launched on the NYSE Arca in 2014. Hair-raising territory: Is ESG investment across emerging markets like walking a tightrope? It defines state-owned enterprises (SOEs) as having government ownership of more than 20% of outstanding shares. Aneeka Gupta, director, ...