HINS
•
Equity
HSBC FTSE EPRA NAREIT DEVELOPED ISLAMIC UCITS ETF USD (ACC)
TER (bps):
35
AUM (USD m):
7
ISIN:
IE000U679IT9
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Developed Markets
As of:
24 Apr 2024
Climate Fund:
No
Benchmark
The FTSE EPRA Nareit IdealRatings Developed Islamic Index is a subset of the FTSE EPRA Nareit Developed Index (Parent Index), includes REITs and Real Estate Holding and Developing companies in developed markets, that comply with Shariah investment principles, as defined by the Index Provider. The Fund will aim to replicate the net total return performance of the Index.The Index is constructed by applying Business Activities and Financial Screening according to the FTSE IdealRatings Islamic Indexes Screening Guide to the Parent Index. By applying Business Activities Screening, investment will not be permitted in companies deriving more than 5% of their total revenue, or in REITs generating income, through tenants operating in specific business activities, such as, companies with exposure to: defense or weapons, adult entertainment, alcohol, gambling, tobacco, pork-related products, music, conventional finance services.
PERFORMANCE
