DWS is looking to expand on their fixed income ETF suite with the announcement of the Xtrackers Eurozone Government Green Bond UCITS ETF (XGEZ), available for trade on the Deutsche Boerse and plans to launch on the London Stock Exchange later in the week. XGEZ looks to follow the iBoxx Eurozone Sovereign Green Bond Capped index which tracks government green bonds that have at least €1 billion remaining. The “green bond” means that only bonds classified by the Climate Bond Initiative will be eligible for the fund.
ETF Newz Says:
The launch adds to two existing green bond funds, the Xtrackers EUR Corporate Green Bond UCITS ETF (XGBE) and the Xtrackers USD Corporate Green Bond UCITS ETF (XGBU).
