PAAC
•
Equity
BNP PARIBAS EASY MSCI ACWI SRI S-SERIES PAB 5% CAPPED UCITS ETF - USD
TER (bps):
20
AUM (USD m):
23
ISIN:
IE000WQ5O293
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
25 Sep 2024
Climate Fund:
Yes
Benchmark
The MSCI ACWI SRI S-Series PAB 5% Capped Index is based on the MSCI ACWI Index, its parent index, includes large and mid-cap stocks 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries. The index aims to represent the performance of companies that are consistent with specific values and climate change based criteria, as well as a high minimum level of ESG performance. 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 values and climate screens. The Index is constructed by applying a 5% capping on the issuer weights in the corresponding MSCI SRI S-Series Index and also align with the minimum requirements of EU Paris Aligned Benchmarks (EU PAB).
PERFORMANCE
