KRANESHARES ELECTRIC VEHICLES & FUTURE MOBILITY ESG SCREENED UCITS ETF
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24 Nov 2023
The Bloomberg Electric Vehicles ESG Screened Index aims to represent the performance of Electric Vehicle Companies. In order to be eligible for the Index, a security must (i) be a constituent of the Bloomberg World Equity Aggregate Index; (ii) belong to the vehicles, electric vehicle components, batteries, hydrogen fuel cells, or raw materials sectors of the Base Index; (iii) have a minimum capitalisation of US$500 million; and (iv) have a 90-caledar day average daily traded value of US$5 million. The Index also screens out companies involved in environmental, social and governance ("ESG") controversies and controversial business activities.