IQEE
•
Equity
INDEXIQ FACTORS SUSTAINABLE EUROPE EQUITY UCITS ETF - ACCU
TER (bps):
25
AUM (USD m):
177
ISIN:
LU1603795458
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Europe
As of:
12 Nov 2024
Climate Fund:
No
Benchmark
Solactive Candriam Factors Sustainable Europe Equity Index is a rule-based, smart-beta weighted index engineered to exploit the return potential of socially responsible companies. It is intended to deliver exposure to equity securities of a selection of large and medium capitalized European companies meeting sustainable and responsible investing (“SRI”) criteria developed by Candriam and weighted using a non-market capitalization methodology, but based on fundamental weights. The SRI selection process which is developed by Candriam retains the companies which are the best positioned to meet its Environmental, Social and Governance criteria (ESG) in each sector and furthermore screen out highly controversial companies not respecting international norms. The weighting of securities in the Index is then determined on basis of a methodology using a scoring system based on a combination of fundamental, valuation, liquidity, quality, and volatility factors.
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