JPXU
•
Equity
AMUNDI INDEX MSCI JAPAN SRI PAB UCITS ETF DR - HEDGED USD (C)
TER (bps):
20
AUM (USD m):
22
ISIN:
LU1646359882
Domicile:
Luxembourg
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Japan
As of:
19 Nov 2024
Climate Fund:
Yes
Benchmark
The MSCI Japan SRI Filtered PAB is 100% hedged to the USD by selling each foreign currency forward at the one-month Forward rate. The index is based on the MSCI Japan Index, its parent index, and includes large and mid-cap securities of the Japanese equity markets. The index aims to represent the performance of companies with high Environmental, Social and Governance (ESG) ratings, as well as exclude companies that are involved in business activities associated with negative environmental or social impact. The index is designed for investors seeking a diversified Socially Responsible Investment (SRI) benchmark comprised of companies with strong sustainability profiles while avoiding companies incompatible with their values or have exposure to key fossil fuel-related business activities. Constituent selection is based on research provided by MSCI ESG Research. In addition, companies showing involvement in Nuclear Power, Tobacco, Alcohol, Gambling, Military Weapons, Civilian Firearms, GMOs, Thermal Coal, Adult Entertainment, Fossil Fuel and Oil and Gas are excluded from the Index and each constituent weight is capped at 5%. The MSCI SRI Filtered PAB Indexes are constructed by first constructing an SRI Filtered Universe, followed by an optimization based process to align with the minimum requirements of the EU PAB.
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