Xtrackers DAX ESG Screened UCITS ETF 2C USD Hedged (XDUD.SW)

Qué hace este fondo

This index aims to mirror the performance of prominent German companies whose shares trade in Euros on the Frankfurt Stock Exchange. Constituent weighting is determined by their free-float adjusted market capitalization. To uphold sustainable investing principles, firms are screened out if they fail to meet specific ESG criteria. These exclusions include entities that: receive an ISS ESG rating of D- or worse; are designated 'Red' by ISS ESG in their norms-based assessment; engage in controversial weaponry; surpass predetermined revenue limits in sectors like tobacco, thermal coal extraction, oil sands, nuclear energy, civilian armaments, and military hardware; or exhibit a lack of pertinent ESG information. The index undergoes a rebalancing every quarter, with no single component permitted to exceed a 15% weight. Comprehensive information on the index's selection and weighting methodology is accessible at https://www.dax-indices.com.