FRNW
•
Equity
FIDELITY CLEAN ENERGY UCITS ETF ACC-USD
TER (bps):
50
AUM (USD m):
10
ISIN:
IE0002MXIF34
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
07 Nov 2024
Climate Fund:
No
Benchmark
The Fidelity Clean Energy ESG Tilted Index is designed to reflect the performance of a global universe of companies that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources.The Index also applies environmental, social and governance (‘‘ESG’’) screens and integrates ESG rating in the index construction as part of its methodology so that a minimum of 50% of its constituents are deemed to maintain sustainable characteristics. The Index also applies an ESG controversies screen to exclude certain issuers based on data rating controversies depending on their impact on the environment and society as well as the risks to the issuer’s business. The fund promotes environmental and social characteristics pursuant to Article 8 of the SFDR