- The three ETFs are intended to benefit from the short- and
long-term growth trends of the U.S. green infrastructure,
semiconductor and cybersecurity sectors.
DWS, one of the world’s leading asset managers, announced today
the listing of three new thematic exchange-traded funds (ETFs)
designed to provide investors equity exposure to three vital
sectors, U.S. green infrastructure, semiconductor and
cybersecurity, at a competitive cost. The ETFs represent the first
Xtrackers thematic offering for U.S. investors.
The products, which listed today on the Nasdaq, are:
- Xtrackers U.S. Green Infrastructure Select Equity ETF
(NASDAQ: UPGR) – The signing of the Inflation Reduction Act and
Infrastructure Investment and Jobs Act confirmed the United States’
commitment to revamping its infrastructure in a sustainable way.
Implementation of these laws should provide substantial short- and
long-term investment opportunities as projects are developed.
- Xtrackers Semiconductor Select Equity ETF (NASDAQ: CHPS)
– Semiconductors have historically been a foundational component of
technological evolution and continue to rapidly evolve. The outlook
for semiconductor demand and advancement appears robust with a long
runway for growth, making it ripe for capital.
- Xtrackers Cybersecurity Select Equity ETF (NASDAQ: PSWD)
– As global activity continues to shift to digital, the demand for
sophisticated solutions to fight cybercrime has grown, and
effective cybersecurity solutions have become a necessity.
Companies involved in creating cybersecurity solutions provide
investors with the opportunity to capitalize on the innovation and
growth prospects of the industry.
"We are delighted to offer investors the
opportunity to access three thematic investment trends through
efficient index-tracked solutions. The themes that underpin UPGR,
CHPS and PSWD, we believe, hold immense potential for impact on the
economy in both the near and long-term” said Arne Noack, Head
Systematic Investment Solutions, Americas, at DWS Group. “It has
long been our mission to offer investors innovative and diverse ETF
solutions that not only enhance their core portfolio holdings but
provide exposure to different segments of the global economy.”
The launch supports the firm’s growth plans of expanding the
Xtrackers footprint in the Americas with specialized, bespoke index
investment solutions. The funds will complement DWS’s European
thematic ETF suite, which was launched in 2019.
Amanda Rebello, Head of Xtrackers Sales, U.S. Onshore, at DWS
Group, added, "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.”
Henry Wu, Xtrackers Product US Lead, commented, “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.”
The addition of UPGR, CHPS and PSWD expands the Xtrackers U.S.
product suite to 42 funds, and as of July 7, 2023, $19.5 billion in
assets under management. Since January 2023, Xtrackers by DWS has
launched four ETFs and has plans to continue to approach the market
with innovative, cost disruptive indexing strategies that give
investors building blocks to various types of exposures.
Description of Underlying Indexes and ETF Expense
Ratios
Xtrackers US Green Infrastructure Select Equity ETF seeks
investment results that correspond generally to the performance,
before fees and expenses, of the Solactive United States Green
Infrastructure ESG Screened Index. The index is comprised of
companies that have business exposure in the production, generation
or distribution of green energy or are engaged in the establishment
of a sustainable infrastructure to enable the use of renewable
energy and that fulfill certain sustainability criteria.
Xtrackers Semiconductor Select Equity ETF seeks investment
results that correspond generally to the performance, before fees
and expenses, of the Solactive Semiconductor ESG Screened Index.
The index is comprised of companies that have business operations
in the semiconductor industry and that fulfill certain
sustainability criteria.
Xtrackers Cybersecurity Select Equity ETF seeks investment
results that correspond generally to the performance, before fees
and expenses, of the Solactive Cyber Security ESG Screened Index.
The index is comprised of companies that have business operations
in the field of cybersecurity and that fulfill certain
sustainability criteria.
All three ETFs are competitively priced with UPGR, PSWD and CHPS
having net/gross expense ratios of 0.35%, 0.20% and 0.15%,
respectively.
To learn more about Xtrackers ETFs available in the U.S., please
visit www.etf.dws.com/en-us/etf-products/.
Note to Editors: Xtrackers’ Global Business
Globally, Xtrackers by DWS is a large and established provider
of high-quality exchange traded funds (ETFs) and exchange traded
commodities (ETCs). Providing efficient “passive” exposure to
diversified indices or to single commodities, Xtrackers ETFs and
ETCs provide a comprehensive set of dependable investment tools for
effective portfolio allocation.
Xtrackers are listed on seven stock exchanges globally and have
approximately $167 billion in assets under management as of
February 28, 2023, making Xtrackers one of the largest providers of
ETFs and ETCs by AUM.
About DWS Group
DWS Group (DWS) with EUR 841bn of assets under management (as of
March 31, 2023) aspires to be one of the world's leading asset
managers. Building on more than 60 years of experience, it has a
reputation for excellence in Germany, Europe, the Americas and
Asia. DWS is recognized by clients globally as a trusted source for
integrated investment solutions, stability and innovation across a
full spectrum of investment disciplines.
We offer individuals and institutions access to our strong
investment capabilities across all major liquid and illiquid asset
classes as well as solutions aligned to growth trends. Our diverse
expertise in Active, Passive and Alternatives asset management – as
well as our deep environmental, social and governance focus –
complement each other when creating targeted solutions for our
clients. Our expertise and on-the-ground knowledge of our
economists, research analysts and investment professionals are
brought together in one consistent global CIO View, giving
strategic guidance to our investment approach.
DWS wants to innovate and shape the future of investing. We
understand that, both as a corporate as well as a trusted advisor
to our clients, we have a crucial role in helping navigate the
transition to a more sustainable future. With approximately 4,400
employees in offices all over the world, we are local while being
one global team. We are committed to acting on behalf of our
clients and investing with their best interests at heart so that
they can reach their financial goals, no matter what the future
holds. With our entrepreneurial, collaborative spirit, we work
every day to deliver outstanding investment results, in both good
and challenging times, to build the best foundation for our
clients’ financial future.
IMPORTANT INFORMATION
ETF shares are not individually redeemable and owners of shares
may acquire those shares from a Fund or tender such shares for the
redemption to the Fund in Creation Units only.
Consider the Fund’s investment objective, risk factors and
charges and expenses before investing. This and other important
information can be found in the Fund’s prospectus, which may be
obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing
or downloading a prospectus at www.Xtrackers.com. Please read it
carefully before investing.
Xtrackers ETFs in the U.S. are managed by DBX Advisors LLC (the
Advisor) and distributed by ALPS Distributors, Inc. (ALPS). The
Advisor is a wholly owned subsidiary of DWS Group GmbH & Co.
KGaA and is not affiliated with ALPS.
Investing involves risk, including possible loss of principal.
Stocks may decline in value. Funds investing in a single industry,
country or in a limited geographic region generally are more
volatile than more diversified funds. Performance of a fund may
diverge from that of an underlying index due to operating expenses,
transaction costs, cash flows, use of sampling strategies or
operational inefficiencies.
ESG Disclosures
Environmental, social, and governance (ESG) criteria are a set
of standards for a company’s operations that socially conscious
investors use to screen potential investments: Environmental (how a
company performs as a steward of nature); Social (how a company
manages relationships with employees, suppliers, customers, and
communities); Governance (company’s leadership, executive pay,
shareholder rights, etc).
An environmental, social and governance fund’s investment
strategy limits the types and number of investment opportunities
available to the fund and, as a result, the fund may underperform
other funds that do not have an ESG focus.
ESG related DWS strategies seek to provide investors with access
to assets that meet responsible investment criteria without
sacrificing investment returns. Although we strive to incorporate
an ESG criterion, as one of many other criteria, in our investment
process, ESG activities and processes may vary by investment
strategy, asset type and location.
Past performance is no guarantee of future results.
War, terrorism, sanctions, economic uncertainty, trade disputes,
public health crises and related geopolitical events have led, and,
in the future, may lead to significant disruptions in U.S. and
world economies and markets, which may lead to increased market
volatility and may have significant adverse effects on the fund and
its investments.
UPGR
The fund will be sensitive to, and its performance will depend
to a great extent on, the overall condition of green or low carbon
infrastructure and energy companies. Green Infrastructure
investments are considered speculative and are subject to greater
risk of loss, sensitivity to interest rate and economic changes,
valuation difficulties and potential illiquidity. Green Energy
companies face enhanced risks caused by changes in government
regulations, the impact of adverse weather conditions and on the
demand for renewable energy production. Incorporation of ESG
criteria in the fund’s investment strategy does not guarantee a
return or protect against a loss, limits the types and number of
investment opportunities available to the fund and, as a result,
the fund may underperform other funds that do not have an ESG
focus. Regulatory changes or interpretations regarding the
definitions and/or use of ESG criteria could have a material
adverse effect on the fund’s ability to invest in accordance with
its investment policies and/or achieve its investment objective, as
well as the ability of certain classes of investors to invest in
funds following an ESG strategy such as the fund. Any fund that
focuses in a particular segment of the market or region of the
world will generally be more volatile than a fund that invests more
broadly. This fund is non-diversified and can take larger positions
in fewer issues, increasing its potential risk. An investment in
the fund should be considered only as a supplement to a complete
investment program for those investors willing to accept the risks
associated with the fund. Please read the prospectus for more
information.
PSWD
Companies in the cybersecurity field face intense competition
which may have an adverse effect on profit margins. These companies
also face heightened risk caused by obsolescence due to rapid
technological developments, potential loss or impairment of patent
and intellectual property rights and the risk of cyber-attacks.
Incorporation of ESG criteria in the fund’s investment strategy
does not guarantee a return or protect against a loss, limits the
types and number of investment opportunities available to the fund
and, as a result, the fund may underperform other funds that do not
have an ESG focus. Regulatory changes or interpretations regarding
the definitions and/or use of ESG criteria could have a material
adverse effect on the fund’s ability to invest in accordance with
its investment policies and/or achieve its investment objective, as
well as the ability of certain classes of investors to invest in
funds following an ESG strategy such as the fund. Foreign investing
involves greater and different risks than investing in US
companies, including currency fluctuations, less liquidity, less
developed or less efficient trading markets, lack of comprehensive
company information, political instability and differing auditing
and legal standards. Any fund that focuses in a particular segment
of the market or region of the world will generally be more
volatile than a fund that invests more broadly. This fund is
non-diversified and can take larger positions in fewer issues,
increasing its potential risk. An investment in the fund should be
considered only as a supplement to a complete investment program
for those investors willing to accept the risks associated with the
fund. Please read the prospectus for more information.
CHPS
Companies in the semiconductor field face intense competition
which may have an adverse effect on profit margins. Cybersecurity
companies also face heightened risk due to their dependence on the
availability of materials that meet exacting standards, reliance on
a limited number of suppliers and potential loss or impairment of
patent and intellectual property rights. Incorporation of ESG
criteria in the fund’s investment strategy does not guarantee a
return or protect against a loss, limits the types and number of
investment opportunities available to the fund and, as a result,
the fund may underperform other funds that do not have an ESG
focus. Regulatory changes or interpretations regarding the
definitions and/or use of ESG criteria could have a material
adverse effect on the fund’s ability to invest in accordance with
its investment policies and/or achieve its investment objective, as
well as the ability of certain classes of investors to invest in
funds following an ESG strategy such as the fund. Foreign investing
involves greater and different risks than investing in US
companies, including currency fluctuations, less liquidity, less
developed or less efficient trading markets, lack of comprehensive
company information, political instability and differing auditing
and legal standards. Any fund that focuses in a particular segment
of the market or region of the world will generally be more
volatile than a fund that invests more broadly. This fund is
non-diversified and can take larger positions in fewer issues,
increasing its potential risk. An investment in the fund should be
considered only as a supplement to a complete investment program
for those investors willing to accept the risks associated with the
fund. Please read the prospectus for more information.
This press release shall not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer or
solicitation or sale would be unlawful prior to registration or
qualification under the laws of such state or jurisdiction.
Certain statements contained in this release may be
forward-looking in nature. These include all statements relating to
plans, expectations, and other statements that are not historical
facts and typically use words like “expect,” “anticipate,”
“believe,” “intend,” and similar expressions. Such statements
represent management’s current beliefs, based upon information
available at the time the statements are made, with regard to the
matters addressed. All forward-looking statements are subject to
risks and uncertainties that could cause actual results to differ
materially from those expressed in, or implied by, such statements.
Management does not undertake any obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events, or otherwise. The following factors,
among others, could cause actual results to differ materially from
forward-looking statements: (i) the effects of adverse changes in
market and economic conditions; (ii) legal and regulatory
developments; and (iii) other additional risks and uncertainties,
including public health crises (including the pandemic spread of
the novel coronavirus), war, terrorism, trade disputes and related
geopolitical events.
NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK
GUARANTEE
The brand DWS represents DWS Group GmbH & Co. KGaA and any
of its subsidiaries such as DWS Distributors, Inc., which offers
investment products, or DWS Investment Management Americas, Inc.
and RREEF America L.L.C., which offer advisory services. R- 096730
(07/23) DBX005595 (07/23)
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230713505811/en/
For further information please contact: Kenny Juarez
1-212-454-9994 kenny.juarez@dws.com
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