The iShares MSCI World Financials Sector ESG UCITS ETF USD Inc USD (AS:WFNS) is an exchange-traded fund (ETF) that provides investors with exposure to a diversified portfolio of global financial sector stocks, while also considering environmental, social, and governance (ESG) factors.
This ETF is managed by BlackRock, a leading global investment management company, and is listed on the Amsterdam Stock Exchange (AS) under the ticker symbol WFNS. The fund is domiciled in Ireland, which provides a favorable regulatory environment for investment funds.
The iShares MSCI World Financials Sector ESG UCITS ETF USD Inc USD tracks the Morningstar Global Financial Services Total Market Net Return USD Index, which is designed to measure the performance of the global financial sector. This index includes a wide range of financial companies, such as banks, insurance companies, and asset managers, and is calculated in USD.
By investing in this ETF, investors can gain exposure to a broad range of global financial sector stocks, while also benefiting from the ESG considerations that are integrated into the fund's investment process. This can help investors to align their investments with their values and to potentially reduce the negative impacts of their investments on the environment and society.
The fund is denominated in USD and distributes income on a net basis, which means that investors will receive the net income generated by the fund's underlying holdings, after deducting fees and expenses. This can provide investors with a regular income stream, in addition to the potential for long-term capital growth.