QVFD
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Equity
FLEXSHARES® DEVELOPED MARKETS LOW VOLATILITY CLIMATE ESG UCITS ETF
TER (bps):
25
AUM (USD m):
5
ISIN:
IE00BMYDBG17
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
World
As of:
18 May 2023
Climate Fund:
No
Benchmark
The iSTOXX Northern Trust Developed Markets Low Volatility Climate ESG Index is designed to feature a high-quality universe of companies that exhibit lower overall absolute volatility and to achieve climate and sustainability targets. It derives from the STOXX Global 1800 Index and uses the proprietary Northern Trust Quality factor to identify companies that exhibit strength in profitability, management expertise and cash flow. The weighting of each constituent security is determined through optimizing processes that are designed to reduce total variation compared to the STOXX Global 1800 and transactions costs. Measurement of the climate and sustainability targets are via Northern Trust ESG Scores, Northern Trust ESG Exclusion Flags and ISS ESG carbon data.