DWS Broadens Access to ESG with ESG ETF ‘SNPE’
July 30, 2020 at 16:06 PM EDT
DWS, one of the world’s leading asset managers, announced Wednesday that its Xtrackers S&P 500 ESG ETF ( SNPE ) has surpassed $230 million in AUM, raising the overall AUM of the Xtrackers ESG ETF product suite to $2.7 billion. With its increased scale and growth, DWS is reducing the fund’s net expense ratio from 0.11 percent to 0.10 percent effective July 28, 2020.