Key stats
About ISHARES TRUST ENVIRONMENTALLY AWARE REAL ESTATE ETF
Home page
Inception date
Nov 15, 2022
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ERET utilizes an ESG approach to real estate investing. The selection process starts with its parent index, the FTSE EPRA Nareit Developed Index, a broad universe of REITs and real estate companies from developed markets. The fund excludes firms engaged in tobacco, controversial weapons, producers and retailers of civilian firearms, and thermal coal, as well as those involved in controversies related to the ten UN Global Compact principles. Remaining companies are then weighted to target, in aggregate: a) a minimum of 10% green certification, b) a 30% increase in green certification, c) a 10% reduction in energy usage both relative to the parent index, and d) a level of carbon emission intensity that is better than that of the initial universe. Sector and country exposures must be within 2% of the parent index weight. At each annual review and reconstitution, these constraints, as well as the green certification and energy usage targets, may be relaxed if infeasible.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
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