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 artificial intelligence and esg


New DWS Equity Fund Focuses On Artificial Intelligence and ESG

#artificialintelligence

DWS launched an equity fund on 31 March 2021 whose stock selection is largely based on the use of artificial intelligence (AI). The DWS Concept ESG Arabesque AI Global Equity picks up on the three megatrends that DWS has identified for the coming decade: Low interest rates, sustainability and digitalization. The fund is the first joint product of DWS and Arabesque AI, a British company specializing in artificial intelligence with which DWS entered into a strategic partnership at the beginning of 2020. It takes ESG criteria into account, pursues a total return approach and comprises between 60 and 70 stocks from the MSCI World universe. The expected tracking error is between six and seven per cent.