The index represents companies that mitigate risks posed by climate change and exhibit high levels of Environment, Social, and Governance (ESG) performance. To qualify for inclusion in the index, companies are required to have an MSCI ESG rating of ‘A’ or above.
The ETFWLDSRI will trade under the share code ETFSRI and will be listed on the ETF sector of the JSE’s Main Board.
Valdene Reddy, Director of Capital Markets at the JSE, says the listing of the latest 1nvest ETF demonstrates the JSE’s commitment to remain a capital-raising platform of choice. As this segment grows, a listing on the JSE enables ETF issuers to attract investors that aim to diversify their portfolios, while fulfilling their ESG objectives.