Xtrackers II ESG Global Aggregate Bond UCITS ETF 2C USD Hedged (XBAU.SW)

Qué hace este fondo

This index, known as the Bloomberg MSCI Global Aggregate Sustainable and SRI Currency Neutral Index, is meticulously constructed to mirror the performance of a diverse array of global fixed-income assets. It encompasses sovereign debt, bonds issued by government-related entities, corporate debt, and securitized assets. The portfolio is broadly diversified, featuring bonds from both developed and emerging markets, all denominated in eligible currencies. To qualify for inclusion, bonds must have a remaining maturity of at least one year. A core principle of the index is its rigorous ESG (Environmental, Social, and Governance) screening: only bonds from issuers that achieve an MSCI ESG rating of 'BBB' or higher, and an MSCI ESG Controversy score of '1' or above, are considered. Conversely, the index explicitly excludes companies involved in specific ethically sensitive or controversial activities. These prohibited sectors include alcohol, tobacco, gambling, adult entertainment, genetically modified organisms (GMOs), nuclear power, civilian firearms, and various classifications of weaponry (conventional, nuclear, controversial, and certain military weapons), as detailed in the index's comprehensive exclusion rules. Furthermore, the index employs a strategic reweighting methodology to maintain neutrality across currency, sector, and maturity exposures. For in-depth information regarding this index and the broader methodology governing Bloomberg indices, please consult their official index website.