(IUSK) 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, utilizing optimization techniques to ensure a similar return.

The funds investment strategy focuses on European large-cap blend equity, with a strong emphasis on socially responsible investing (SRI) and reduced fossil fuel exposure. This approach aligns with the growing demand for ESG (Environmental, Social, and Governance) conscious investments. By tracking the MSCI Europe SRI Select Reduced Fossil Fuel Index, the fund offers a diversified portfolio of European companies that meet specific SRI criteria.

Analyzing the funds recent performance, we observe a positive trend. The last price is 71.76 EUR, with a 20-day simple moving average (SMA) of 71.18 EUR, indicating a slight upward momentum. The 50-day SMA stands at 68.57 EUR, and the 200-day SMA is at 69.70 EUR, both of which suggest a longer-term uptrend. The average true range (ATR) is 0.68 EUR, representing a 0.94% daily volatility.

Combining technical and fundamental analysis, we can forecast the funds future performance. With a strong AUM of 3127.85M EUR, the fund has a solid foundation for continued growth. Considering the current technical indicators, we anticipate a potential short-term correction, followed by a resumption of the uptrend. As the fund continues to track the MSCI Europe SRI Select Reduced Fossil Fuel Index, we expect it to benefit from the growing demand for SRI investments in Europe. A potential target price could be 75 EUR, representing a 4.5% increase from the current level.

In conclusion, the iShares MSCI Europe SRI UCITS ETF EUR (Acc) offers a compelling investment opportunity for those seeking exposure to European large-cap blend equity with a focus on SRI. With a strong track record and favorable technical indicators, we expect the fund to continue its upward trajectory, driven by the growing demand for ESG-conscious investments.