BlackRock has added a Japanese equity offering to its range of iShares sustainable exchange-traded funds (ETFs).
The fund will offer exposure to Japanese companies with the highest environmental, social and governance (ESG) scores. The companies are scored on ESG themes specific to the sector and are rated by MSCI between AAA (being the highest) and CCC (the lowest). MSCI expands ESG range with five indices The fund also excludes companies explicitly involved in industries related to alcohol, tobacco, gambling, civilian firearms, military weapons, nuclear power, adult entertainment and genetically modified organisms. The product will be physically replicated and will have a total expense r...
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