iShares Refinitiv Inclusion and Diversity UCITS ETF

Issuer: iShares

Asset Class: Equity

TER: 25bps

Trading Currency: USD

Pays Income: False

Listing Date: 12 Sep 2018

Ticker: OPEN

ISIN: IE00BD0B9B76

This investment vehicle provides targeted exposure to global companies that demonstrate a strong commitment to diversity and inclusion principles. The strategy is based on the premise that such companies may be better positioned for long-term growth, innovation, and risk management. It systematically selects and weights constituents from a broad universe of developed market stocks based on a transparent, rules-based methodology. The underlying index evaluates companies across four key pillars: diversity, inclusion, people development, and news controversies. This allows investors to align their capital with firms that lead in creating equitable workplaces and fostering a diverse talent pool at all levels of the organization.

By focusing on quantifiable ESG metrics related to social performance, the fund offers a way to invest with impact without necessarily compromising on financial objectives. It captures a portfolio of businesses that are recognized for their progressive policies and practices, such as gender-diverse boards, inclusive career development programs, and support for underrepresented communities. This thematic approach caters to investors seeking to express a specific social value in their portfolios, providing a differentiated exposure compared to broader market-cap weighted indices. It can serve as a core holding for a socially conscious portfolio or as a satellite position to add a specific thematic tilt towards social governance leaders.