ETFCentral
Satrix MSCI World ESG Enhanced (STXESG)
Summary
Issuer
Satrix
Short Code
STXESG
Launch Date
10 September 2020
Index Tracked
MSCI World ESG Enhanced Focus Index
Ticker Symbol
JSE:STXESG
Exposure
Local/Offshore
Offshore
Asset Class
Equity
Cost
TER
0.35%
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 World ESG Enhanced Focus Index is based on the MSCI World Index, its parent index, and includes large and
mid-cap securities across 23 Developed Markets (DM)* 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 those of its underlying market capitalization weighted
index (the MSCI World Index).