iShares Has Overhauled its Flagship SRI ETF Range….
From Morningstar: 2024-09-03 08:24:00
iShares recently made significant changes to their SRI ETF range by amending the benchmark MSCI indexes, aiming to enhance transparency, diversification, and reduce tracking error. Changes were implemented to address widespread underperformance of European Equity ETFs tracking SRI strategies. While changes have been positive, they have not impacted Morningstar ratings for iShares MSCI USA SRI, MSCI EM SRI, and MSCI Japan SRI ETFs. Process pillar ratings remain largely unchanged after adjustments to portfolios, which aimed to align more closely with parent indexes while maintaining strong ESG credentials.
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