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Satrix

Satrix MSCI Emerging Markets ESG Enhanced (STXEME)

Summary

Issuer

Satrix

Short Code

STXEME

Launch Date

10 September 2020

Index Tracked

MSCI EM ESG Enhanced Focus Index

Ticker Symbol

JSE:STXEME

Exposure

Local/Offshore

Offshore

Asset Class

Equity

Cost

TER

0.41%

Smart Beta

Smart Beta

Yes

Smart Beta Type

Alternative Index Construction

Dividends

Distribution Dates

Total Return - dividends are automatically reinvested

Last Dividend Payout

N/A

Next Dividend Payout

N/A

Detailed Description

The MSCI Emerging Markets ESG Enhanced Focus Index is based on the MSCI Emerging Markets Index, its parent index, and includes large and mid-cap securities across 27 Emerging Markets (EM)* countries. The index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while reducing the carbon equivalent exposure to carbon dioxide (CO2) and other greenhouse gases (GHG) as well as their exposure to potential emissions risk of fossil fuel reserves by thirty percent (30%). The Index also aims to maintain risk and return characteristics similar to its underlying market capitalization weighted index (the MSCI Emerging Markets Index).