State Street SPDR S&P U.S. Dividend Aristocrats Screened UCITS ETF (Dist) (UEDV.L) LSE

Currency In USD

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State Street SPDR S&P U.S. Dividend Aristocrats Screened UCITS ETF (Dist)

Address

78 Sir John Rogerson's Quay

Dublin, D02 HD32

Ireland

Phone

353-1-776-3000

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

June 02, 2021

Key Executives

N/A
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Description

This Exchange Traded Fund (ETF) aims to mirror the performance of the U.S. equity market, specifically focusing on companies known for their high dividend yields. ESG (Environmental, Social, and Governance) factors are integrated into the fund's strategy via its designated index, which incorporates R-Factor scores. This R-Factor methodology comprehensively assesses ESG aspects by analyzing a wide array of "financially material" metrics. Its purpose is to identify key drivers of long-term sustainable value across various dimensions, including environmental impact, human and social capital, business model viability, leadership quality, and corporate governance. Furthermore, the index imposes exclusionary screens, divesting from companies associated with severe controversial incidents, controversial weaponry, violations of United Nations Global Compact (UNGC) principles, civilian firearms, thermal coal extraction, and the tobacco industry.

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