WELA
•
Equity
AMUNDI MSCI ACWI SRI PAB UCITS ETF DR - USD
TER (bps):
20
AUM (USD m):
84
ISIN:
IE0000ZVYDH0
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Global
As of:
15 Nov 2024
Climate Fund:
Yes
Benchmark
The MSCI ACWI SRI Filtered PAB Index is based on the MSCI ACWI Index, its parent index, and includes large and mid-cap securities across Developed Markets (DM) and Emerging Markets (EM) countries. The index is designed to represent the performance of companies that have high Environmental, Social and Governance (ESG) ratings relative to their sector peers, to ensure the inclusion of the best-in-class companies from an ESG perspective. Additionally, the index aims to target sector weights that reflect the relative sector weights of the underlying MSCI Global Investable Market Indexes to limit the systematic risk introduced by the ESG selection process. The index is designed to align with the minimum requirements for EU Paris Aligned Benchmarks (EU PAB).
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