BlackRock launches new worldwide sustainability iShares ETF on Xetra

BlackRock has launched a new iShares ETF with a focus on sustainability worldwide on Xetra and Börse Frankfurt.

The iShares MSCI World SRI UCITS ETF EUR Hedged (Dist) enables investors to participate in the performance of medium-sized and large companies from industrialised nations worldwide that have a comparatively high ESG rating. 

The fund excludes companies linked to the manufacture of arms, tobacco and alcohol, or to income from gambling, adult entertainment, coal for power stations, oil sands and genetically modified organisms.
Any dividend income will be distributed. Currency risks against the euro are also minimised.