BlackRock launches diversity ETF

Investment universe of 6,000 stocks

Tom Eckett
clock • 1 min read

BlackRock has expanded its product range with the launch of the iShares Thomson Reuters Inclusion & Diversity UCITS ETF.

Tracking the Thomson Reuters Global Large/Mid Diversity & Inclusion ex. Controversial Weapons Equal Weight index, the ETF will have a total expense ratio (TER) of 0.40% and its base currency will be US dollars. Starting with an investment universe of over 6,000 stocks across developed and emerging markets, the index captures data on each company through a wide variety of inputs such as annual reports, stock filings, news sources and NGO websites. Which UK companies are the most diverse and inclusive? Each company is subsequently assessed and given a score to decide their inclusion ...

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