(IESE) iShares MSCI Europe SRI - Ratings and Ratios

The iShares MSCI Europe SRI UCITS ETF EUR (Acc) is designed to track the MSCI Europe SRI Select Reduced Fossil Fuel Index, providing investors with a total return that reflects the performance of this benchmark. The fund achieves this by investing in a portfolio of equity securities that replicates the index, using optimization techniques to ensure a similar return.

The funds underlying index is constructed to include European large-cap companies that meet specific ESG (Environmental, Social, and Governance) criteria, while also reducing exposure to fossil fuels. This approach is likely to appeal to investors seeking to align their investments with their values and reduce their carbon footprint.

From a technical analysis perspective, the funds price is currently above its 20-day, 50-day, and 200-day moving averages, indicating a positive trend. The Average True Range (ATR) is relatively low, suggesting that the funds price is not experiencing high volatility. Using the provided technical data, a potential forecast could be that the funds price will continue to trend upwards, potentially reaching new 52-week highs.

Fundamental analysis suggests that the funds Assets Under Management (AUM) are substantial, at approximately €3.445 billion. This indicates a high level of investor confidence in the fund and its underlying index. Combining this with the technical analysis, a forecast could be that the funds price will continue to rise, driven by a combination of positive market sentiment and the funds underlying fundamentals.

Based on the available data, a potential trading strategy could be to buy the fund on dips, targeting a price of €75.00 in the medium term, assuming the current trend continues and the funds underlying index remains robust. However, its essential to continue monitoring the funds performance and adjust the strategy as needed.