Description

This ETF seeks to mirror the investment performance of an index focused on large and medium-capitalization companies situated in the developed economies of the Economic and Monetary Union (EMU). The index incorporates a comprehensive ESG screening process, which systematically excludes entities linked to controversial weapons, those with an MSCI ESG Rating of 'CCC' or lacking a rating, and firms deriving specific revenues from areas such as tobacco, conventional or nuclear weapons, civilian firearms, thermal coal, unconventional and/or arctic oil and gas extraction, and palm oil. Furthermore, any issuer registering an MSCI Controversies Score of 0 is also omitted. A notable characteristic of the index is its aim for lower greenhouse gas intensity relative to its parent benchmark. This index undergoes a quarterly review. For in-depth information on its construction, selection principles, and weighting approach, please consult the MSCI website.