IESE 📈 iShares MSCI Europe SRI - Overview

The iShares MSCI Europe SRI UCITS ETF EUR (Acc) EUR (AS:IESE) is designed to provide investors with a comprehensive return, encompassing both capital appreciation and income generation, by tracking the performance of the MSCI Europe SRI Select Reduced Fossil Fuel Index. This index is specifically crafted to include European companies that adhere to socially responsible investment (SRI) principles, while also reducing exposure to fossil fuel-related businesses. By investing in a diversified portfolio of equity securities that replicate the composition of the benchmark index, the fund aims to deliver a total return that closely mirrors the index's performance.

To achieve its investment objective, the fund employs an optimization strategy, which involves using advanced techniques to select a representative portfolio of securities that can deliver a return similar to that of the MSCI Europe SRI Select Reduced Fossil Fuel Index. This approach allows the fund to efficiently track the index's performance while minimizing tracking error. As a result, the fund may not hold all the constituent securities of the benchmark index at all times, and the weightings of the securities in the fund's portfolio may differ from those in the index. The fund is listed on the Irish Stock Exchange and is domiciled in Ireland, with BlackRock serving as the investment manager.

The iShares MSCI Europe SRI UCITS ETF EUR (Acc) EUR (AS:IESE) is classified as a Europe Large-Cap Blend Equity ETF, indicating that it invests in a broad range of large-cap companies across various sectors in Europe. The fund's ISIN code is IE00B52VJ196, and it is available for trading on major European exchanges. With its focus on SRI principles and reduced fossil fuel exposure, this ETF offers investors a unique opportunity to align their investments with their values while gaining exposure to the European equity market. The fund's website, http://www.blackrock.com, provides additional information on the fund's investment strategy, performance, and other relevant details.