Invesco MSCI World Universal Screened UCITS ETF (ESGW.L)

This Invesco ETF, known as the MSCI World Universal Screened UCITS ETF Acc, seeks to mirror the total return, net of expenses, of its benchmark, the MSCI World Universal Select Business Screens Index. The benchmark index itself monitors the performance of large and medium-sized companies across global developed economies. Its strategy involves adjusting the market-capitalization weightings of its holdings using specific Environmental, Social, and Governance (ESG) criteria. This method is designed to enhance the fund's allocation towards companies that not only exhibit strong current ESG credentials but also show a clear trajectory of improvement in their ESG performance. This index is built upon the broader MSCI World Index, but it meticulously screens out certain securities. Specifically, it excludes companies that:…