AGGE
•
Fixed Income
ISHARES GLOBAL AGGREGATE BOND ESG UCITS ETF USD (DIST)
TER (bps):
10
AUM (USD m):
36
ISIN:
IE000U6US1Q0
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
13 Nov 2024
Climate Fund:
No
Benchmark
The Bloomberg MSCI Global Aggregate Sustainable and Green Bond SRI Index tracks global investment grade debt from twenty-eight local currency markets. This multi-currency benchmark includes treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers. The index follows the Bloomberg Global Aggregate index eligibility criteria. Prior to January 2018, the index follows the rules of the flagship Global Aggregate Index. From January 2018, the index includes issuers with MSCI ESG Ratings of BBB or higher and negatively screens issuers that are involved in business activities that are restricted because they are inconsistent with certain values-based business involvement criteria and those issuers with a “red” MSCI ESG Controversy Score. The index is tilted to allocate at least 10% of the market value to securities classified as Green Bonds, and allocate the remaining percentage towards non-Green Bond eligible Global Aggregate securities. Additionally, the index is rebalanced monthly to match the currency, maturity, and sector exposures in the Global Aggregate Index.
PERFORMANCE
