Two new exchange-listed index funds issued by BlackRock have been tradable via Xetra and Börse Frankfurt since Wednesday.
The new iShares factor ETFs enable investors to participate in the performance of companies with high ESG ratings, i.e. those that place a special focus on the environment and corporate governance. Excluded are companies whose products have negative social or environmental impacts as well as those involved in producing tobacco, alcohol or military weapons. The companies are divided by sector and then selected for inclusion in the reference indices on the basis of their ESG ratings, with each sector capped at 22.5%.
Name: iShares Sustainable MSCI USA SRI UCITS ETF
Asset class: equity index ETF
ISIN: IE00BYVJRR92
Total expense ratio: 0.3 percent
Distribution policy: accumulating
Benchmark: MSCI USA SRI Index
The new “iShares Sustainable MSCI USA SRI UCITS ETF” enables investors to participate in the performance of the MSCI USA SRI Index. The reference index comprises 166 large and mid-cap companies from the USA whose ESG factors have been assessed.
Name: iShares Sustainable MSCI Emerging Markets SRI UCITS ETF
Asset class: equity index ETF
ISIN: IE00BYVJRP78
Total expense ratio: 0.35 percent
Distribution policy: accumulating
Benchmark: MSCI EM SRI Index
The iShares Sustainable MSCI Emerging Markets SRI UCITS ETF enables investors to participate in the performance of 176 large and mid-cap companies with assessed ESG factors, from 23 emerging market countries.