AXA IM MSCI Emerging Markets Equity PAB UCITS ETF USD Acc

AXA IM MSCI Emerging Markets Equity PAB UCITS ETF USD Acc is an equity exchange-traded fund designed to provide broad exposure to companies in emerging markets while emphasizing environmental sustainability. The ETF aims to replicate the performance of the MSCI Emerging Markets Climate Paris Aligned Index, which not only covers a diverse range of large and mid-cap stocks across rapidly developing economies, but also tilts toward firms that are better aligned with the transition to a low-carbon economy and incorporate EU climate objectives. This fund is physically replicated using an optimized sampling approach, selecting a representative subset of index constituents to efficiently track performance. Key features include an accumulating structure, where dividends are automatically reinvested rather than paid out, and a competitive total expense ratio of 0.24% per annum. The ETF is denominated in US dollars and remains unhedged to currency movements, exposing investors to both equity and currency risk. Managed by AXA Investment Managers and domiciled in Ireland, this fund serves investors seeking diversified emerging market equity exposure with an integrated focus on climate and ESG factors, appealing to those who prioritize sustainability in global portfolios.