Description

This ETF seeks to replicate the investment performance of a diversified portfolio of large and mid-capitalization Japanese equities. It implements a rigorous set of ESG (Environmental, Social, and Governance) screening criteria. Specifically, companies are excluded if they are involved in controversial weapons, receive an MSCI ESG Rating of 'CCC' or are unrated, or generate certain levels of revenue from activities such as tobacco, conventional weapons, nuclear weapons, civilian firearms, thermal coal, unconventional and/or arctic oil and gas extraction, and palm oil. Additionally, any issuer with an MSCI Controversies Score of zero is omitted. A key objective of this index is to achieve a lower greenhouse gas intensity relative to its parent benchmark. The composition of the index is re-evaluated on a quarterly basis. Comprehensive information regarding the index's selection and weighting methodology is available on the MSCI website.