Deka MSCI USA Climate Change ESG UCITS ETF

Deka MSCI USA Climate Change ESG UCITS ETF is an equity-focused exchange-traded fund designed to replicate the performance of the MSCI USA Climate Change ESG Select Index. This index prioritizes large and mid-sized U.S. companies selected based on rigorous environmental, social, and governance (ESG) criteria, with an additional emphasis on carbon emissions and climate change mitigation efforts. The ETF uses a passive, physically replicating strategy, holding all constituents of the benchmark index to closely mirror its risk and return profile. Launched in June 2020, the fund is UCITS IV compliant and domiciled in Germany. It collects a broad exposure to the U.S. equity market, with a significant allocation to the technology, consumer discretionary, financial, and healthcare sectors, and nearly half of its assets concentrated in its top ten holdings, including industry leaders like Apple, Tesla, Amazon, Microsoft, and NVIDIA. Dividend distributions typically occur quarterly, and the fund maintains a low total expense ratio, reflecting its efficiency in managing costs. Its structure facilitates climate-conscious investment while supporting the transition to a low-carbon economy by rewarding companies making positive ESG strides.