About the index
The MSCI USA ESG Focus Index Gross Total Return USD is derived by selecting constituents of the MSCI USA Index (Bloomberg: “M2US Index”)(the “Parent Index”), through an optimization process that aims to maximize exposure of environmental, social and governance (“ESG”) factors for a target tracking error budget under certain constraints. The Underlying Index is sector-diversified and targets companies with high ESG ratings in each sector. Companies involved in tobacco, controversial weapons, fossil fuel extraction and thermal coal power are not eligible for inclusion in the Index. The Parent Index is a market cap weighted benchmark index that includes large and mid-cap stocks across the U.S. equity markets. The Underlying Index was first disseminated publicly on June 8, 2020 and has no live history prior to that date.
The MSCI USA ESG Focus Index Gross Total Return USD is derived by selecting constituents of the MSCI USA Index (Bloomberg: “M2US Index”)(the “Parent Index”), through an optimization process that aims to maximize exposure of environmental, social and governance (“ESG”) factors for a target tracking error budget under certain constraints. The Underlying Index is sector-diversified and targets companies with high ESG ratings in each sector. Companies involved in tobacco, controversial weapons, fossil fuel extraction and thermal coal power are not eligible for inclusion in the Index. The Parent Index is a market cap weighted benchmark index that includes large and mid-cap stocks across the U.S. equity markets. The Underlying Index was first disseminated publicly on June 8, 2020 and has no live history prior to that date.