LWCR
•
Equity
AMUNDI MSCI WORLD CLIMATE TRANSITION CTB UCITS ETF DR - EUR (C)
TER (bps):
25
AUM (USD m):
889
ISIN:
LU1602144229
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
World
As of:
12 Sep 2023
Climate Fund:
Yes
Benchmark
The MSCI World Climate Change CTB Select Index is based on the MSCI World Index, its parent index, and includes large and mid-cap securities across Developed Markets (DM) countries. The index is considered EU Climate Transition Benchmarks under the EU Benchmark Regulation and takes into account the minimum requirements in the EU Benchmark Regulation. The Indexes aim to represent the performance of an investment strategy that reweights securities based upon the opportunities and risks associated with the climate transition risks and opportunities while satisfying the corresponding minimum requirements as per the EU Benchmark Regulation. Additionally, the Indexes also exclude securities of companies based on their revenues from the manufacture of tobacco products, thermal coal mining and thermal coal based power generation. To avoid concentration, the Index is then capped as per the MSCI 10/40 Indexes methodology.