FGGB
•
Fixed Income
FIDELITY GLOBAL GOVERNMENT BOND CLIMATE AWARE UCITS ETF INC-USD
TER (bps):
20
AUM (USD m):
13
ISIN:
IE000IF0HTJ9
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The Solactive Paris Aware Global Government Bond Index is designed to reflect the performance of global local currency government bonds, issued by investment grade countries, while at the same time aiming to exhibit a level of carbon emission intensity 14% lower than the investible universe at launch and subsequently to aim for a further year-on-year decarbonisation target, currently at an average rate of 7% per annum. The Index is weighted by reference to the carbon emission targets described above, as well as other factors such as bond issuance levels, yield levels and foreign exchange rates.
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