JPM Carbon Transition Global Equity (CTB) UCITS ETF - EUR (acc)
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General Objective
The fund aims to provide returns that correspond to those of its Index by passively tracking the performance of large and mid-capitalization equity securities issued in developed markets globally.
Fund Exposure
The fund is exposed to companies identified as best positioned to benefit from a transition to a low carbon economy, with a focus on reducing greenhouse gas intensity and meeting EU Climate Transition Benchmarks. The Index applies values and norms based screening to exclude issuers involved in controversial activities such as manufacturing of controversial weapons, thermal coal, and tobacco.
Risks
Risks associated with this fund include tracking error between the fund's performance and that of the Index, changes in the constituents and geographical exposure of Index Securities over time, and potential fluctuations in currency exposure as currency hedging is not typically utilized.