HSBC MSCI World Islamic Screened UCITS ETF USD (Acc)

HSBC MSCI World Islamic Screened UCITS ETF USD (Acc) is an exchange-traded fund that seeks to replicate the performance of the MSCI World Islamic Universal Screened Select Index. This index comprises large and mid-cap companies from 23 developed markets adhering to Shariah investment principles, with additional values- and climate-based exclusions for sectors like controversial weapons, tobacco, thermal coal mining, and violations of United Nations Global Compact principles. Passively managed through full physical replication, the ETF holds approximately 350 stocks, emphasizing sectors such as information technology, industrials, and health care, with significant exposure to the United States, Japan, and European countries. Qualifying under Article 8 of the Sustainable Finance Disclosure Regulation, it integrates environmental, social, and governance metrics, monitored by a Shariah committee for compliance. Domiciled in Ireland and launched in November 2022, the accumulating share class reinvests dividends in USD, maintaining a low ongoing charge of 0.30% to provide cost-effective access to a screened global equity portfolio aligned with ethical and sustainable standards.