iShares MSCI World Information Technology Sector ESG

ETF description

This ETF is focused on companies in the information technology sector from around the world. It aims to track the performance of businesses that develop and provide technology products and services, including software, hardware, and digital solutions. By investing in this ETF, individuals gain exposure to a diverse range of technology companies, many of which play crucial roles in the global economy.

Investors who are interested in the technology industry may find this ETF appealing, especially those looking to capitalize on the growth and innovation that characterize this sector. The ETF includes a mix of well‑established giants and smaller firms that are driving advancements in areas like cloud computing, cybersecurity, and artificial intelligence, helping to spread investment risk.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The MSCI World Information Technology ESG Reduced Carbon Select 20 35 Capped index is based on MSCI World Information Technology index, its parent index, which includes large and mid‑cap stocks across 23 Developed Markets (DM) countries*. The index is designed to support investors seeking to increase exposure to positive environmental, social and governance (ESG) factors by 20% and aim to reduce the carbon‑equivalent exposure to carbon dioxide (CO2) and other greenhouse gases (GHG) as well as their exposure to potential emissions risk of fossil fuel reserves by thirty percent (30%) relative to the Parent Index. All securities in the index are classified in the Information Technology sector as per the Global Industry Classification Standard (GICS®). The index is weighted in accordance with the MSCI Capped Indexes methodology, such that the largest group entity within each Index is capped at 35% while all other group entities are capped at 20%, with a buffer of 10% applied on these limits at each index rebalancing.