Blackrock ACS World ESG Insights Equity Fund X1AA GBP Acc
ISIN GB00BV49Z826 / Valor null
Blackrock ACS World ESG Insights Equity Fund X1AA GBP Acc
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ACS World ESG Insights Equity Fund seeks to give investors exposure to companies in the FTSE Developed World Index, but with the portfolio adjusted using the investment manager’s ESG criteria. In plain English, it aims to invest in developed-market equities while reducing or avoiding exposure to certain business activities for ESG reasons, lowering the portfolio’s carbon emission intensity over time versus the index, increasing the share of revenues classified as green revenues, and favouring companies with stronger BSI Intel scores, all while keeping the fund’s overall risk and return profile broadly similar to the benchmark. The portfolio is therefore centred on shares of index constituents rather than on bonds or other asset classes. Based on the stated approach, the manager appears to use the index as the core universe and then selectively over- and under-weight companies to improve ESG characteristics without departing too far from the index’s risk profile.
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Liam Hawkeswood
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