M1WDLCT MSCI ACWI Low Carbon Target Index

The Index is composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market. Seeks to maintain global stock exposure while reducing the carbon footprint of an investment portfolio. At each semi-annual index review, the Index is constructed using an optimization process that aims to achieve replicability and investability, subject to the following optimization objective and constraints: Minimize the Carbon Exposure subject to a tracking error constraint of 30 basis points relative to the Parent Index The maximum weight of an index constituent will be restricted to 20 times its weight in the Parent Index The country weights in the MSCI Global Low Carbon Target Index will not deviate more than +/-2% from the country weights in the Parent Index The sector weights in the MSCI Global Low Carbon Target Index will not deviate more than +/-2% from the sector weights in the Parent Index, with the exception of the Energy Sector where no constraint is applied.

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As of 10/23/2021


Index Information
Provider:     MSCI
Category1:  Global Equity
Category2:  Global
Category3:  Large and mid cap
Currency:    USD
Inception date:  09/23/2014
Backtesting data exists:   Yes
Weighting methodology:   Composite scores
Factsheet:  Read PDF
Number of holdings:  1,850  (as of 03/07/2019)
Rebalanced:  Semi-annually
Reconstituted:  Semi-annually

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