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The investment objective of the Fund is to track as closely as possible the returns of the MSCI Japan Islamic Universal Screened Select Index, while integrating environmental, social and governance (ESG) metrics. The Index is a subset of the MSCI Japan Islamic Index and comprises large- and mid-cap Japanese stocks that comply with Shariah investment principles. It applies values- and climate-based exclusionary criteria, excluding companies with exposure to activities including controversial and nuclear weapons, civilian firearms, tobacco, thermal coal power, thermal coal mining, unconventional oil and gas extraction, Arctic oil and gas, palm oil, recreational cannabis and breaches of the United Nations Global Compact principles. The Index also applies ESG screening and reweights stocks based on their ESG profile, while the Fund seeks to invest in stocks in generally the same proportion as the Index.
View fundThe investment objective of the Fund is to track as closely as possible the returns of the MSCI Japan Islamic Universal Screened Select Index, while integrating environmental, social and governance (ESG) metrics. The Index is a subset of the MSCI Japan Islamic Index and is composed of large- and mid-cap Japanese stocks that comply with Shariah investment principles. It applies values- and climate-based exclusionary criteria, excluding stocks with exposure to activities including controversial and nuclear weapons, civilian firearms, tobacco, thermal coal power, thermal coal mining, unconventional oil and gas extraction, Arctic oil and gas, palm oil, recreational cannabis and breaches of the United Nations Global Compact principles. The Index also screens stocks based on ESG characteristics and applies ESG reweighting based on current ESG ratings and trends in ESG profiles. Income is reinvested.
View fundKey takeaways
The ETFs track the same security, and so are effectively the same fund. $HIJP trades in dollars and £HIJS trades in pounds; both are listed on the London Stock Exchange.
Fund highlights
Fund name | HSBC MSCI Japan Islamic Screened | HSBC MSCI Japan Islamic Screened |
|---|---|---|
USD | GBP | |
USD | USD | |
| Accumulating | Accumulating | |
Fund size | $72M | £54M |
| 0.95 | 0.85 | |
Last price | $25.33 | £19.12 |
| 0.30% | 0.30% | |
Fund manager | HSBC | HSBC |
Benchmark | MSCI Japan Islamic Universal Screened Select Index | MSCI Japan Islamic Universal Screened Select Index |
Risk | ||
Ticker | $HIJP | £HIJS |
Primary listing | LSE | LSE |
Documents |
Market data provided by CBOE Europe and Deutsche Börse.
Performance
CumulativeRolling yearsLump sum investment
Sector exposure
ChartTable
$HIJP
£HIJS
Top holdings
Hitachi Ltd
5.30%
Mitsubishi Corp
5.18%
Tokyo Electron Ltd
5.05%
Panasonic Holdings Corp
4.74%
Murata Manufacturing Co Ltd
4.56%
Mitsui & Co Ltd
4.54%
Daikin Industries Ltd
3.89%
Fujitsu Ltd
3.69%
Nec Corp
3.59%
Other
59.48%
Hitachi Ltd
5.30%
Mitsubishi Corp
5.18%
Tokyo Electron Ltd
5.05%
Panasonic Holdings Corp
4.74%
Murata Manufacturing Co Ltd
4.56%
Mitsui & Co Ltd
4.54%
Daikin Industries Ltd
3.89%
Fujitsu Ltd
3.69%
Nec Corp
3.59%
Other
59.48%
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