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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).