New equity ETF from Xtrackers on Xetra: access to companies from Scandinavia in line with the Paris Climate Agreement

Since Wednesday, a new exchange-traded fund issued by Xtrackers has been tradable on Xetra and via Börse Frankfurt.

The Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF gives investors the opportunity to invest in a portfolio of Scandinavian companies whose selection and weighting is in line with EU Paris-aligned Benchmark (EU PAB) standards. The weighting of a company is limited to 9 per cent.

Companies that do not meet certain ESG criteria, do not have a sufficient ESG rating, participate in controversial business areas or violate the United Nations Sustainable Development Goals are not taken into account.

The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,051 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.