iShares EURO STOXX 50 ESG UCITS ETFIndex, costs, backtest, listings and taxation

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the EURO STOXX 50 ESG Index, the Fund’s benchmark index ("Index"). The Share Class, via the Fund, is passively managed and aims to invest so far as possible and practicable in the equity securities (e.g. shares) that make up the Index. The Index aims to reflect the performance of a sub-set of European securities across market sector leaders in the Eurozone within the EURO STOXX 50 Index (the "Parent Index"), which are issued by companies with higher environmental, social and governance (“ESG”) ratings than other peers within the Parent Index. Stocks are selected from the largest companies of the Parent Index that meet specific criteria according to the Index methodology. The Index applies exclusions in line with EU Paris-Aligned Benchmarks as set out in Commission Delegated Regulation (EU) 2020/1818. The Index also seeks to exclude companies based on ESG exclusionary criteria. The Index seeks to exclude issuers from the Parent Index based on their involvement in certain business lines/activities, as outlined in the Index description of the Fund in the Fund’s Prospectus. The Index also excludes issuers with a poor ESG rating. The Index further excludes issuers that are not in compliance with the ISS ESG Norms Based Screening, which assesses companies against their adherence to international norms on human rights, labour standards, environmental protection and anti-corruption established in the UN Global Compact (UNGC) and the Organisation for Economic Co-operation and Development (OECD) Guidelines, as identified by ISSESG. The Index seeks to achieve an improved ESG score over that of the Parent Index by excluding from the Index 20% of companies with the lowest ESG scores. The Fund adopts a best-in-class approach to sustainable investing, this means that it is expected that the Fund will invest in the best issuers from an ESG perspective within each relevant sector of activities covered by the Index. The Index is market capitalisation weighted and rebalances on a quarterly basis. Index constituents are subject to a 10% cap for each issuer. The Fund intends to replicate the Index by holding equity securities, which make up the Index, in similar portions to it. The investment manager may use Financial Derivative Instruments ("FDIs") (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objective. FDIs may be used for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the Fund. The price of equity securities fluctuates daily and may be influenced by factors affecting the performance of the individual companies issuing the equities, as well as by daily stock market movements, and broader economic and political developments which in turn may affect the value of your investment. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).

Keep reading the KID section ▾

The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares V plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.

Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in Euro, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.

Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).

Insurance benefits:The Fund does not offer any insurance benefits.

Countries