(SUSW) iShares MSCI World SRI - Ratings and Ratios

The iShares MSCI World SRI UCITS ETF EUR (Acc) is designed to track the performance of the MSCI World SRI Select Reduced Fossil Fuel Index, providing investors with a total return that encompasses both capital appreciation and income. By focusing on companies that adhere to strict environmental, social, and governance (ESG) criteria, this ETF offers a socially responsible investment option.

As a Global Large-Cap Blend Equity ETF, it invests in a diversified portfolio of large-cap stocks from developed markets worldwide, with a tilt towards companies that demonstrate strong ESG practices and reduced exposure to fossil fuels. This makes it an attractive option for investors seeking to align their investments with their values while maintaining a broad global footprint.

From a technical analysis perspective, the ETFs price action suggests a potential for near-term consolidation. The current price of 11.25 is slightly below the 20-day Simple Moving Average (SMA) of 11.34, indicating a minor bearish bias. However, the 50-day SMA at 10.88 provides a level of support, and the Average True Range (ATR) of 0.11 (or 1.00%) suggests relatively contained volatility. Given the 52-week high and low of 12.33 and 9.73, respectively, the ETF is currently trading within its recent range.

Combining technical and fundamental insights, we can forecast that the ETF may experience a moderate uptrend in the coming months if the global equity market continues to rise and ESG-focused investments remain in favor. The Assets Under Management (AUM) of 7128.11M EUR indicate a substantial investor base, which can contribute to liquidity and stability. As the MSCI World SRI Select Reduced Fossil Fuel Index continues to evolve, the ETF is likely to benefit from the growing trend towards sustainable investing. A potential target price could be around 12.00, representing a 6.7% increase from the current level, assuming the broader market and ESG trends continue to support the ETFs underlying holdings.

Investors should closely monitor the ETFs tracking error, expense ratio, and the underlying indexs composition to ensure it remains aligned with their investment objectives. As with any investment, its crucial to consider the overall market conditions, economic outlook, and potential risks before making a decision.