The UBS (Irl) ETF plc - MSCI Canada Universal UCITS ETF Accum Shs -A- CAD, with ticker CH:CAESG, is a unique investment vehicle designed for those looking to align financial goals with sustainable initiatives. This exchange-traded fund (ETF) is passively managed and aims to replicate the performance of the MSCI Canada ESG Universal Low Carbon Select 5% Issuer Capped Index. The fund's distinct focus is on the Canadian market, specifically concentrating on companies that demonstrate robust environmental, social, and governance (ESG) performance while maintaining a reduced carbon footprint.
By diverging from traditional market cap weights, the ETF strategically tilts investments toward firms that not only perform well financially but also contribute positively to environmental sustainability. This thematic approach provides investors exposure to companies committed to reducing their carbon emissions, a crucial consideration in today's climate-conscious world. The sector-focused strategy offers a niche opportunity for investors eager to support and benefit from the growing importance of low-carbon initiatives within the Canadian economy.
The ETF's rigorous issuer capping ensures diversified exposure, preventing over-concentration in any single entity, thus balancing risk while maintaining a focus on sustainability. This ETF is particularly appealing to environmentally-conscious investors or those seeking to incorporate ESG criteria into their portfolios without sacrificing potential returns.
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.