WFNS
•
Equity
ISHARES MSCI WORLD FINANCIALS SECTOR ESG UCITS ETF USD (DIST)
TER (bps):
18
AUM (USD m):
82
ISIN:
IE00BJ5JP097
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Developed Markets
As of:
13 Nov 2024
Climate Fund:
No
Benchmark
The MSCI World Financials ESG Reduced Carbon Select 20 35 Capped Index is based on MSCI World Financials Index, its parent index, which includes large and mid-cap stocks across Developed Markets (DM) countries. The index is designed to support investors seeking to increase exposure to positive environmental, social and governance (ESG) factors by 20% and aim to reduce the carbon-equivalent exposure to carbon dioxide (CO2) and other greenhouse gases (GHG) as well as their exposure to potential emissions risk of fossil fuel reserves by thirty percent (30%) relative to the Parent Index. All securities in the index are classified in the Financials sector as per the Global Industry Classification Standard (GICS). The index is weighted in accordance with the MSCI Capped Indexes methodology, such that the largest group entity within each Index is capped at 35% while all other group entities are capped at 20%, with a buffer of 10% applied on these limits at each index rebalancing.
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