Description

The Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index is designed to mirror the performance of a diverse bond market, encompassing Treasury, government-related, corporate, and securitised instruments. It offers extensive diversification, including bonds issued in both developed and emerging markets and denominated in various eligible currencies. Only bonds with a minimum remaining maturity of one year are considered. To meet stringent environmental, social, and governance (ESG) criteria, the index strictly includes only bonds from issuers holding an MSCI ESG rating of BBB or higher and an MSCI ESG Controversy score of 1 or above. Conversely, it expressly excludes bonds from entities engaged in sectors such as alcohol, tobacco, gambling, adult entertainment, genetically modified organisms (GMOs), nuclear power, civilian firearms, conventional weapons, nuclear weapons, controversial weapons, and certain military weapons, as further detailed in its exclusion rules. The index employs a neutral reweighting methodology across currency, sector, and maturity exposures. For comprehensive details regarding this index and the broader Bloomberg index methodologies, please visit their official indices website (https://www.bloombergindices.com/).