DWS expands number of Paris-aligned Xtrackers corporate bond ETFs

Seven ETFs affected

DWS has changed the indices tracked of seven of its Xtrackers corporate bond ETFs to Paris Aligned Benchmarks indices.

These Xtrackers ETFs previously tracked the market for corporate bonds in Euro and US dollars with different maturities and focused on ESG. They will now track indices that meet the requirements for EU Paris Aligned Benchmarks, but an ESG-related exclusion criteria will also remain in place.  The ETFs will track the Bloomberg-MSCI Euro/USD Corporate SRI PAB indices, which target a 50% reduction in carbon emissions to an equivalent non-ESG market benchmark and a continuous reduction in carbon intensity of 7% per year. DWS expands Xtrackers bond ETFs range The benchmark index include...