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 NYLIM MacKay Muni High Income ETF will invest primarily in tax-exempt municipal debt, with a strong emphasis on lower-rated and high-yield securities. The actively-managed fund typically expects to allocate at least 60% of assets to municipal bonds rated BBB+/Baa1 or below and may invest entirely in junk-rated municipals when opportunities warrant. Managed by MacKay Shields, the strategy combines macroeconomic analysis, fundamental credit research, and ESG risk assessment to identify attractive income opportunities across sectors, states, and issuers while maintaining flexibility to use derivatives and taxable municipal bonds.
At a glance
- Beat
- Filings
- Issuer
- New York Life Investment Management
- Region
- United States
- Filed
- 22 June 2026
Source: SEC Filings
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