Key stats
About iShares Paris-Aligned Climate MSCI World ex USA ETF
Home page
Inception date
Jan 17, 2024
Structure
Open-Ended Fund
MSCI World ex USA Climate Paris Aligned Benchmark Extended Select Index - Benchmark TR Net
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
PABD employs a climate-conscious strategy, focusing on large- and mid-cap stocks in developed markets excluding the US. The fund selects companies positioned favorably for the transition to a low-carbon economy. It begins by excluding stocks from the MSCI ex USA Index involved in civilian firearms, controversial weapons, nuclear weapons, oil and gas, oil sands, power generation, thermal coal mining, and tobacco. Remaining companies are screened based on categorical and threshold-based criteria across five ESG impact categories: environment, human rights and communities, labor rights and supply chain, customers, and governance. Additional constraints include lowering carbon intensity, minimizing physical risk exposure, and boosting green revenue. The fund prioritizes securities based on their potential to decrease greenhouse gas intensity. An optimizer is used to keep sector exposure within +/- 5% of the parent index, excluding the energy sector. The index is rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Stocks99.02%
Finance33.59%
Health Technology12.15%
Producer Manufacturing8.42%
Electronic Technology6.45%
Consumer Non-Durables6.38%
Technology Services6.12%
Retail Trade3.96%
Transportation3.92%
Consumer Durables2.87%
Non-Energy Minerals2.83%
Utilities2.73%
Commercial Services2.23%
Process Industries2.12%
Industrial Services2.11%
Communications1.66%
Consumer Services1.10%
Distribution Services0.36%
Health Services0.02%
Bonds, Cash & Other0.98%
Cash0.92%
UNIT0.06%
Miscellaneous0.00%
Stock breakdown by region
Europe58.51%
Asia21.17%
North America12.96%
Oceania6.53%
Middle East0.83%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history