PABD

📎 Investment Objective

The iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF seeks to track the investment results of an index composed of large- and mid-capitalization non-U.S. developed market equities that have been selected and weighted to reduce exposure to transition and physical climate risks, while pursuing opportunities arising from the transition to a lower-carbon economy.

✨ Key Features

• Focuses on developed market equities outside the U.S. that are aligned with the Paris Agreement climate goals
• Utilizes an optimization process to select and weight constituents based on climate-related metrics
• Aims to provide exposure to the global ex-U.S. developed equity market with a lower carbon footprint
• Expense ratio of 0.00%, making it a low-cost option for climate-conscious investors

⚠️ Primary Risks

• Exposure to international equity markets, which can be more volatile than domestic markets
• Potential underperformance compared to the broader developed ex-U.S. equity market if climate-focused stocks underperform
• Concentration risk as the fund is focused on a specific climate-related investment strategy
• Liquidity risk due to the fund's small asset size and recent inception

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to developed market equities outside the U.S. with a focus on climate change mitigation and the transition to a lower-carbon economy. It may be particularly appealing to environmentally conscious investors who want to align their portfolio with the goals of the Paris Agreement.