HSBC MSCI World Islamic ESG

ETF description

This ETF focuses on companies from developed markets around the world, with a particular emphasis on businesses that meet certain environmental, social, and governance (ESG) criteria. It selects companies based on factors such as their approach to sustainability, ethical business practices, and efforts to reduce their environmental impact. Businesses that do not meet these standards, such as those involved in controversial industries, are excluded.

This ETF may appeal to investors looking for exposure to global companies while prioritizing businesses that align with specific ESG principles.

Issuer details

HSBC Global Asset Management is a leading asset management firm and subsidiary of HSBC Holdings plc. With over $500 billion in assets under management as of June 2024, HSBC offers many investment products, including ETFs and covers various market segments. Established in 1973, HSBC Global Asset Management has a global presence with a particular focus on emerging markets, leveraging its expertise in these regions. Notable ETFs include the HSBC MSCI Emerging Markets UCITS ETF and the HSBC S&P 500 UCITS ETF, reflecting HSBC’s focus on providing exposure to global markets and diversified investment options.

Index details

The Index is a subset of the MSCI World Islamic Index (Parent Index), and is made up of large and mid‑cap companies across 23 developed markets countries, that comply with Shariah investment principles, as defined by the Index Provider. The Index is constructed by applying values‑ and climate‑based exclusionary criteria, this includes (but is not limited to) companies with exposure to: controversial weapons, tobacco, thermal coal mining and breaching the United Nations Global Compact (UNGC) principles.