VanEck World Equal Weight Screened UCITS ETF (TSWE.DE) XETRA
Currency In EUR
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Currency In EUR
Address
Barbara Strozzilaan 310
Amsterdam, 1083 HN
Netherlands (Kingdom of the)
Phone
31-20-719-510-0
Sector
Financial Services
Industry
Asset Management - Global
Employees
N/A
First IPO Date
January 04, 2019
This VanEck World Equal Weight Screened UCITS ETF strategically directs capital towards a portfolio of 250 globally prominent companies. These firms are chosen for their exceptional liquidity and substantial market capitalization, but critically, they must also uphold the United Nations Global Compact Principles for ethical corporate behavior. Reinforcing its commitment to responsible investment, the fund imposes strict exclusions, deliberately avoiding sectors that fall short of sustainable business practices. These prohibited industries encompass alcoholic beverages, animal testing for cosmetics, military and weapons manufacturing, gambling operations, adult entertainment, tobacco production, nuclear energy, oil sands development, and thermal coal mining.