IE000389GTC0

EUR 

HSBC Global Funds ICAV - Global ESG Government Bond UCITS ETF ETFCHEUR

Thesaurierend 

Irland 

Alternative Investm. 

Amrita Chauhan Sanyal, Sebastien Faucher

weltweit  

319,37 Mio. EUR

- 

10.07.2023

ETF Anleihen 

01.01.

Österreich, Deutschland, Schweiz 

The Fund aims to provide regular income and capital growth by tracking as closely as possible the performance of the Bloomberg MSCI Global Treasury ESG Weighted Bond Index (total return hedged to USD) (the Index), while promoting environmental, social and governance (ESG) characteristics within the meaning of Article 8 of SFDR. The Index is comprised of investment grade government bonds (and other similar securities). The currency of the Index is US dollars (USD) and returns are hedged into USD. The Index includes fixed-rate taxable securities issued by treasury issuers. The Index uses ESG sovereign scores to select countries to be included and to tilt country allocations above or below their market value weights in the Bloomberg Global Aggregate Treasuries Index (the Parent Index). The ESG sovereign scores are determined based on an assessment of a country's exposure to and management of ESG risks. The Fund is passively managed and invests in, or gain exposure to: bonds issued by governments, government-related entities and supranational entities based in developed and emerging markets. The Fund utilises an investment technique called optimisation, which seeks to minimise the difference in return between the Fund and the Index by taking into account tracking error (the risk that the Fund return varies from the Index return) and trading costs when constructing a portfolio. The Fund will not necessarily invest in every constituent of the Index. If the overall portfolio matches the characteristics of the Index, the Fund can also invest in assets outside of the Index, such as: bonds with a credit rating of Ba1, BB+ and below, securities which are expected to provide similar performance and risk characteristics to certain index constituents.