NZAC
SPDR MSCI ACWI Climate Paris Aligned ETF
📎 Investment Objective
The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) seeks to track the performance of an index that provides exposure to large and mid-cap companies across developed and emerging markets, while aligning with the Paris Agreement goal of limiting global warming to 1.5°C above pre-industrial levels.
Overview
ETF tracking SPDR MSCI ACWI Climate Paris Aligned ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) seeks to track the performance of an index that provides exposure to large and mid-cap companies across developed and emerging markets, while aligning with the Paris Agreement goal of limiting global warming to 1.5°C above pre-industrial levels.
🎯 Investment Strategy
The ETF seeks to replicate the performance of the MSCI ACWI Climate Paris Aligned Index, which is designed to align with the Paris Agreement's goal of limiting global warming to 1.5°C above pre-industrial levels. The index selects and weights companies based on their alignment with the transition to a low-carbon economy, including factors such as carbon emissions, fossil fuel reserves, and clean technology involvement.
✨ Key Features
- Broad global equity exposure across developed and emerging markets
- Tilted towards companies aligned with the transition to a low-carbon economy
- Aims to meet the Paris Agreement's 1.5°C global warming target
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may fluctuate due to general market conditions
- Concentration risk: The ETF may have significant exposure to certain sectors or regions, which could increase volatility
- Tracking error risk: The ETF may not perfectly track the performance of its underlying index
- Regulatory risk: Changes in government policies or regulations related to climate change and emissions could impact the ETF's holdings
👤 Best For
The SPDR MSCI ACWI Climate Paris Aligned ETF may be suitable for long-term investors seeking global equity exposure with a focus on companies aligned with the transition to a low-carbon economy. This ETF may be particularly appealing to investors who want to incorporate climate-conscious investing into their portfolio while maintaining broad market exposure.