flatexDEGIRO teams with DWS on two co-branded ETFs
flatexDEGIRO has partnered with DWS to develop two co-branded Xtrackers ETFs covering diversified global equities and euro bonds, according to Luxembourg registrations.
The Guinness Atkinson K-Beauty ETF (KBTY) will track an index of South Korean companies across the Korean beauty industry. The index includes cosmetics and skincare brand owners, ODM/OEM manufacturers, ingredient suppliers, distributors and retailers, and companies focused on aesthetic and dermatological products. The ETF will invest primarily in Korea-listed companies that generate revenue from the beauty value chain, with holdings concentrated in the personal care, cosmetics, and beauty industries. The portfolio is expected to emphasize established small- and mid-cap South Korean companies.
Source: SEC Filings
flatexDEGIRO has partnered with DWS to develop two co-branded Xtrackers ETFs covering diversified global equities and euro bonds, according to Luxembourg registrations.
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