XTrackers FTSE All-Share UCITS ETF 1D
| Issuer: Xtrackers |
| Asset Class: Equity |
| TER: 18bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 07 Sep 2007 |
| Ticker: XASX |
| ISIN: LU0292097747 |
This financial product offers investors a targeted way to gain exposure to the UK equity market while adhering to strict Environmental, Social, and Governance (ESG) principles. It is designed to replicate the performance of the MSCI UK IMI ESG Screened Select Index, providing a diversified portfolio of British companies that meet a robust set of sustainability criteria. By utilizing a physical replication strategy, the fund holds the actual shares of the companies in the index, offering transparency and a direct investment in the underlying assets. This approach is suitable for those looking to build a core UK equity holding with a responsible investing overlay.
The underlying index employs a multi-layered screening process to construct its portfolio. It begins with the broad MSCI UK Investable Market Index and systematically excludes companies with significant business involvement in controversial sectors such as tobacco, thermal coal, oil sands, and certain weapons manufacturing. Furthermore, it filters out companies that are in breach of the United Nations Global Compact principles or have a low MSCI ESG rating, ensuring that the final constituents demonstrate strong management of ESG risks and opportunities. The remaining companies are then weighted by their free-float adjusted market capitalisation, providing a balanced representation of the eligible UK market.
This investment is geared towards individuals and institutions seeking to align their financial goals with their values. By integrating ESG considerations, the strategy aims not only to contribute positively to societal and environmental outcomes but also to potentially mitigate long-term investment risks associated with poor corporate practices. It provides a straightforward, single-trade solution for accessing a portfolio of UK companies that are leaders in sustainability, making it an attractive option for conscientious investors aiming for long-term capital growth.
