The new ETF is launched with a focus on German retail investors.

BlackRock has launched the iShares MSCI ACWI SRI UCITS ETF (SAWI) listed on Euronext and the Deutsche Boerse. It provides exposure to broadly diversified companies, combining developed and emerging markets exposure for added diversification. (ETF Stream)

iShares MSCI ACWI SRI UCITS ETF (SAWI)

SAWI tracks the MSCI ACWI SRI index of 542 companies scoring highly on ESG metrics from 23 developed and 24 emerging markets.

The ETF has a fee of 0.20%.

The fund is expected to be attractive to German investors which are the leading users of BlackRock’s European ETF savings plans. About 20% of new assets have flowed into ESG products over the past three years.

Verena Heming, lead digital distribution at BlackRock Germany, commented: “SAWI provides German investors with one trade access to global equity markets, integrating ESG considerations. As German investors increase their use of ETF savings plans, we expect these plans to be a key tool to harness growing preferences for ESG in a broadly diversified format.”

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