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