Description

The MSCI EUROPE MATERIALS SCREENED 20/35 aims to reflect the performance of the following market: Large and mid-cap companies in Developed Market European countries All securities in the index are classified in the materials sector as per the Global Industry Classification Standard (GICS) Weighted by free-float adjusted market capitalisation in accordance with the MSCI Capped Indexes methodology, so the largest group entity within each Index is capped at 35% while all other group entities are capped at 20% with a buffer of 10% applied on these limits at each index rebalancing and additional monthly ad-hoc rebalancing as necessary Securities issued by entities failing to meet the following ESG standards, amongst others, are excluded: are associated with controversial weapons, are assigned an MSCI ESG Rating of 'CCC' or are unrated, derive certain revenues from tobacco, conventional weapons, nuclear weapons, civilian firearms, thermal coal, unconventional and/or arctic oil and gas extraction, and palm oil; and any issuer with an MSCI Controversies Score of 0 Reduced greenhouse gas intensity relative to the parent index Additional information on the index, selection and weighting methodology is available at https://www.msci.com