HSBC MSCI World Islamic ESG UCITS ETF

SRI Style:

Faith Based

SDR Labelling:

Not eligible to use label

Product:

ETF

Fund Region:

Global

Fund Asset Type:

Passive Equity

Launch Date:

01/12/2022

Last Amended:

Dialshifter ():

Fund Size:

£39.31m

(as at: 31/01/2025)

ISIN:

IE000X9FTI22

Sustainable, Responsible
&/or ESG Overview:

No response when requested information from fund manager (August 2024)

Primary fund last amended:


Information directly from fund manager.

Sustainable, Responsible &/or ESG Policy:

Investment Objective:

The Fund aims to track as closely as possible the returns of the MSCI World Islamic ESG Universal Screened Select Index (the Index), while integrating environmental, social and governance (ESG) metrics. The Fund will invest in or gain exposure to shares of companies which make up the Index.

 

Investment Policy:

The Index is a subset of the MSCI World Islamic Index (Parent Index) and is made up of large and mid-cap companies (as measured by the market value of their shares) across 23 developed markets countries, that comply with Shariah investment principles, as defined by the Index Provider.

In replicating the performance of the Index, the Fund promotes certain environmental, social and/or governance (ESG) characteristics and has been categorised as an Article 8 fund for the purpose of the SFDR.

The Index is constructed by applying values- and climate-based exclusionary criteria and excludes companies with exposure to: controversial and nuclear weapons, adult entertainment, alcohol, gambling, tobacco, thermal coal power, thermal coal mining, oil sands extraction, oil sands reserve ownership and breaching the United Nations Global Compact (UNGC) principles.

The Index also applies the MSCI ESG Universal Indexes methodology to achieve its ESG objective. The Index excludes the securities with the weakest ESG profile; defines an ESG re-weighting factor that reflects an assessment of both the current ESG profile, based on the current MSCI ESG Rating, as well as the trend in that profile; and re-weights securities from the free-float market cap weights of their Parent Index.

The Index is rebalanced on a semi-annual basis. Please refer the Fund’s Supplement for more details on ESG exclusion criteria and MSCI ESG Universal Indices methodology.

The Fund is passively managed and aims to invest in the shares of the companies in generally the same proportion as in the Index. There may be circumstances when it is not possible for the Fund to invest in all constituents of the Index and may gain exposure by using other Shariah compliant investments such as depositary receipts.

The Shariah committee monitors the Fund periodically and issues an annual Shariah certificate on the Fund’s compliance with Shariah principles. This certificate is included in the annual report of the Fund as a confirmation of the Shariah compliance for that year. 

 

(Source: KIID, as at February 2025)

SDR Labelling:

Not eligible to use label

Fund Name SRI Style SDR Labelling Product Region Asset Type Launch Date Last Amended

HSBC MSCI World Islamic ESG UCITS ETF

Faith Based Not eligible to use label ETF Global Passive Equity 01/12/2022

Fund Size: £39.31m

(as at: 31/01/2025)

ISIN: IE000X9FTI22

Sustainable, Responsible &/or ESG Overview

No response when requested information from fund manager (August 2024)

Information received directly from Fund Manager

Please select what you would like to read:

Sustainable, Responsible &/or ESG Policy:

Investment Objective:

The Fund aims to track as closely as possible the returns of the MSCI World Islamic ESG Universal Screened Select Index (the Index), while integrating environmental, social and governance (ESG) metrics. The Fund will invest in or gain exposure to shares of companies which make up the Index.

 

Investment Policy:

The Index is a subset of the MSCI World Islamic Index (Parent Index) and is made up of large and mid-cap companies (as measured by the market value of their shares) across 23 developed markets countries, that comply with Shariah investment principles, as defined by the Index Provider.

In replicating the performance of the Index, the Fund promotes certain environmental, social and/or governance (ESG) characteristics and has been categorised as an Article 8 fund for the purpose of the SFDR.

The Index is constructed by applying values- and climate-based exclusionary criteria and excludes companies with exposure to: controversial and nuclear weapons, adult entertainment, alcohol, gambling, tobacco, thermal coal power, thermal coal mining, oil sands extraction, oil sands reserve ownership and breaching the United Nations Global Compact (UNGC) principles.

The Index also applies the MSCI ESG Universal Indexes methodology to achieve its ESG objective. The Index excludes the securities with the weakest ESG profile; defines an ESG re-weighting factor that reflects an assessment of both the current ESG profile, based on the current MSCI ESG Rating, as well as the trend in that profile; and re-weights securities from the free-float market cap weights of their Parent Index.

The Index is rebalanced on a semi-annual basis. Please refer the Fund’s Supplement for more details on ESG exclusion criteria and MSCI ESG Universal Indices methodology.

The Fund is passively managed and aims to invest in the shares of the companies in generally the same proportion as in the Index. There may be circumstances when it is not possible for the Fund to invest in all constituents of the Index and may gain exposure by using other Shariah compliant investments such as depositary receipts.

The Shariah committee monitors the Fund periodically and issues an annual Shariah certificate on the Fund’s compliance with Shariah principles. This certificate is included in the annual report of the Fund as a confirmation of the Shariah compliance for that year. 

 

(Source: KIID, as at February 2025)

SDR Labelling:

Not eligible to use label