Key stats
About ISHARES ESG AWARE MSCI CANADA INDX UNITS
Expense ratio
0.17%
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Inception date
Mar 18, 2019
The fund invest in a portfolio of Canadian stocks from large- to small-cap companies with favorable ESG qualities. The underlying index screens the MSCI Canada Investable Market Index (parent index) to exclude securities of companies involved in tobacco or controversial weapons, producers and retailers of civilian firearms, thermal coal and oil sands, as well as companies involved in severe business controversies. For each industry, MSCI identifies key ESG issues (such as climate change, resource scarcity, and demographic shifts). Each company is then rated based on their exposure and strategic response to the key issues, in comparison to their industry peers. The underlying index is then optimized quarterly to maximize exposure to companies with higher ESG ratings, while providing investment results comparable to those of the parent index.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Non-Energy Minerals
Industrial Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.