Overview
Description
The iShares MSCI KLD 400 Social ETF is an exchange-traded fund designed to track the performance of the MSCI KLD 400 Social Index. The index comprises U.S. companies that are leaders in environmental, social, and governance (ESG) practices, positioning the ETF as a prominent vehicle for socially responsible investing. The fund seeks to provide investors with exposure to large- and mid-cap stocks that demonstrate positive ESG characteristics, excluding those involved in controversial sectors like tobacco and weapons.
The ETF plays a notable role in aligning investment portfolios with ethical values and sustainability practices, increasingly important criteria for many institutional and individual investors. Companies within the fund's index are selected based on ESG criteria, ensuring that the ETF supports investments promoting corporate responsibility. This aligns with the growing trend towards integrating corporate sustainability into financial decision-making. By investing in this ETF, market participants can contribute to and benefit from the broader societal push towards sustainable and responsible business operations, thus reinforcing the importance of ESG considerations in modern portfolio management.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX