(IESE) iShares MSCI Europe SRI - Ratings and Ratios

The investment objective of the iShares MSCI Europe SRI UCITS ETF (IESE) is to deliver a total return, encompassing both capital and income, by tracking the performance of the MSCI Europe SRI Select Reduced Fossil Fuel Index. This index is designed to reflect the equity performance of European companies that meet specific ESG (Environmental, Social, and Governance) criteria while reducing exposure to fossil fuels.

The Fund employs a replication strategy, aiming to closely align its returns with those of its Benchmark Index. To achieve this, it uses optimization techniques, which may result in the Fund not holding all the constituents of the Benchmark Index at all times or in the exact proportions as their weightings in the index. This approach allows for flexibility while maintaining a high degree of correlation with the index.

The MSCI Europe SRI Select Reduced Fossil Fuel Index screens companies based on ESG criteria and excludes those with significant fossil fuel reserves. This makes the Fund suitable for investors seeking exposure to European large-cap equities with a focus on sustainability and reduced carbon footprint.

Based on the provided data, the 3-month forecast for IESE suggests moderate growth potential. The SMA 20 and SMA 50 are slightly below the current price of 66.88, indicating a potential bullish trend in the short term. However, the SMA 200 at 69.58 suggests the Fund may face resistance at higher levels. The ATR of 1.16 indicates moderate volatility, which could support price movements. With an AUM of 3.45 billion EUR, the Fund is well-established, providing liquidity and stability for investors.