The fund seeks to provide investors with a total return that reflects the return of the S&P 500 Net Zero 2050 Paris-Aligned Sustainability Screened Index.
Fund Exposure
The fund is characterized by exposure to a broad range of large U.S. companies selected to be compatible with the aim of holding the increase in the global average temperature in line with the Paris Agreement. It screens out companies based on specific business activities, performance against the principles of the United Nations’ Global Compact, and involvement in ESG controversies.
Risks
Investors should be aware of risks associated with this fund, including investment risk concentrated in specific sectors, countries, currencies, or companies, as well as the potential impact of daily stock market movements, political and economic news, and significant corporate events. Additionally, there is counterparty risk, credit risk, and liquidity risk to consider.