DWS Group, a renowned global asset manager, has introduced the Xtrackers U.S. Green Infrastructure Select Equity ETF.
The objective behind this move is to offer investors a unique way to tap into the thriving U.S. green infrastructure sector.
DWS Group, operating worldwide, is known for its comprehensive investment expertise and asset management capabilities. Their ETFs subsidiary, Xtrackers, boasts a robust product range covering multiple asset classes.
The newly minted “U.S. Green Infrastructure Select Equity ETF” provides exposure to companies actively involved in the production, generation, or distribution of green energy. Additionally, it includes entities contributing to sustainable infrastructure development, facilitating the wider adoption of renewable energy.
This fund comes as part of DWS’s first series of thematic ETFs in the U.S., which also spotlight the semiconductor and cybersecurity sectors. The ETF will keep track of the Solactive United States Green Infrastructure ESG Screened Index, targeting key industries such as green mobility, green fuel, green energy, green wholesale power, environmental services, and pollution control.
This initiative aims to capitalise on short- and long-term investment opportunities stemming from U.S. infrastructure overhauls following the enactment of legislation like the Inflation Reduction Act and the Infrastructure Investment and Jobs Act.
Xtrackers Product US Lead, Henry Wu, elucidated, “With thematic investments, investors don’t focus on traditional sectors and companies, but on growth themes of the future. Xtrackers thematic ETFs offer investors solutions that provide access to investable growth themes, which may serve as an attractive complement to traditionally oriented portfolios.”
Further adding to this, Amanda Rebello, head of Xtrackers Sales, U.S. Onshore, at DWS Group highlighted, “Recent legislation developments have created a fertile ground for investment opportunities within the U.S. green infrastructure, semiconductor, and cybersecurity industries. We believe these sectors are poised to benefit from enhanced government spending, regulatory backing, and the surging demand for cutting-edge global technologies and sustainable solutions.”
Finally, Timo Pfeiffer, Chief Markets Officer at Solactive, said, “Thematic investments play a vital role in capturing the essence of evolving markets and sectors. At Solactive, we are dedicated to equipping our clients and their clients with the means to navigate these dynamic themes. We are honoured by DWS’s continued trust in Solactive and look forward to the next collaboration.”
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