Description

This ETF is designed to mirror the performance of the MSCI USA SELECT SCREENED index, which focuses on large and mid-capitalization companies within the United States. To adhere to specific Environmental, Social, and Governance (ESG) criteria, the index screens out companies. These exclusions apply to firms involved with controversial weaponry, those holding an MSCI ESG Rating of 'CCC' or being unrated, and entities generating substantial revenue from activities 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 with an MSCI Controversies Score of 0 is also deemed ineligible. The index also prioritizes a reduced greenhouse gas intensity when compared to its broader parent index. Its composition is reviewed and rebalanced on a quarterly basis. For comprehensive details on the index's selection and weighting methodology, please consult the official MSCI website at https://www.msci.com.