ESEM
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Equity
INVESCO MSCI EMERGING MARKETS ESG UNIVERSAL SCREENED UCITS ETF ACC
TER (bps):
19
AUM (USD m):
44
ISIN:
IE00BMDBMY19
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Emerging Markets
As of:
12 Nov 2024
Climate Fund:
No
Benchmark
The MSCI Emerging Markets ESG Universal Select Business Screens Index tracks the performance of large and mid-capitalisation companies in Emerging Markets and aims to represent the performance of an investment strategy that, by adjusting the constituents’ free-float market capitalisation weights based upon certain environmental, social and governance (ESG) metrics, seeks to increase overall exposure to those companies demonstrating both a robust ESG profile as well as a positive trend in improving that profile. The Index is constructed from the MSCI Emerging Markets Index by excluding securities that: 1) have not been assessed or rated by MSCI on the basis of their ESG credentials; 2) have faced very severe controversies pertaining to ESG issues over the last three years; or 3) have a MSCI ESG Rating of CCC; or 4) are involved in controversial weapons, conventional weapons, nuclear weapons, civilian firearms, oil sands, thermal coal, tobacco or recreational cannabis. Each of the eligible component securities is then assigned a combined ESG score, which reflects MSCI’s assessment of both the security’s current ESG rating, as well as the trend in that rating, defined as the change in the security’s ESG rating over time. This combined ESG score is then applied to re-weight the eligible securities in the Reference Index.
PERFORMANCE
