iShares MSCI World SRI UCITS ETF GBP Hedged (Dist)

Issuer: iShares

Asset Class: Equity

TER: 22bps

Trading Currency: GBP

Pays Income: False

Listing Date: 30 Oct 2024

Ticker: SAWG

ISIN: IE00BKBF6K52

This financial instrument provides targeted exposure to a portfolio of global companies from developed markets that demonstrate strong Environmental, Social, and Governance (ESG) characteristics. It achieves this by tracking a specialised index that implements a rigorous values-based screening process. The methodology excludes firms with significant business involvement in sectors such as controversial weapons, nuclear armaments, civilian firearms, tobacco, thermal coal, and oil sands. Furthermore, the index removes companies that fail to meet a minimum ESG rating relative to their industry peers, ensuring the portfolio is composed of companies considered to be leaders in sustainable practices.

The resulting portfolio offers broad diversification across multiple countries and sectors, weighted towards companies with the highest ESG ratings. This particular share class incorporates a currency hedging strategy, which is designed to minimize the impact of exchange rate fluctuations between the underlying assets' base currency, primarily the US dollar, and the British pound. This feature is specifically tailored for investors who wish to reduce the currency risk associated with holding international equities, thereby providing a more stable investment experience in local currency terms.

This fund is well-suited for individuals seeking a core, socially responsible holding for their global equity allocation. It offers a transparent and cost-effective solution for aligning investment objectives with personal values, without sacrificing broad market exposure to the world's leading economies. By providing access to a pre-screened, diversified, and currency-hedged portfolio through a single product, it serves as a foundational building block for a modern, sustainable investment strategy.