USRIH
•
Equity
AMUNDI MSCI USA SRI CLIMATE NET ZERO AMBITION PAB UCITS ETF EUR HEDGED
TER (bps):
20
AUM (USD m):
172
ISIN:
IE0000U24AJ9
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
United States
As of:
15 Nov 2024
Climate Fund:
Yes
Benchmark
The MSCI USA SRI Filtered PAB is 100% hedged to the EUR by selling each foreign currency forward at the one-month Forward rate. The index is based on the MSCI USA Index, its parent index, and includes large and mid-cap securities of the US equity market. 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.
PERFORMANCE
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