WMTE
•
Equity
BNP PARIBAS EASY MSCI WORLD ESG FILTERED MIN TE UCITS ETF
TER (bps):
15
AUM (USD m):
2
ISIN:
IE0008FB2WZ1
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Developed Markets
As of:
11 Nov 2024
Climate Fund:
No
Benchmark
The MSCI World ESG Filtered Min TE Index is based on the MSCI World Index, its parent index, which captures large and mid cap stocks across 23 Developed Markets (DM) countries. The MSCI World ESG Filtered Min TE Index aim to represent the performance of a strategy that is designed to exclude companies based on various ESG and climate change criteria. Further, based on the companies’ ESG Scores, the index also excludes 20% of the number of stocks in the MSCI World Index. As a final step, the index also aims to minimize the tracking error relative to the Parent Index through an optimization process.