HSBC MSCI Emerging Markets Islamic Screened Capped/$HIEM

About HIEM ETF

The investment objective of the Fund is to track as closely as possible the returns of the MSCI Emerging Markets Islamic ESG Universal Screened Select Capped Index, while integrating environmental, social and governance (ESG) considerations. The Index is a subset of the MSCI Emerging Markets Islamic Index and is composed of large- and mid-cap stocks across 24 Emerging Markets countries that comply with Shariah investment principles. The Index applies values- and climate-based exclusionary criteria, excluding stocks with exposure to controversial and nuclear weapons, civilian firearms, tobacco, thermal coal power and mining, arctic oil and gas, palm oil, recreational cannabis and severe controversies. It also applies ESG screening and reweights stocks based on their current ESG profile and trend. The Index is capped so that the largest group entity does not exceed 33% and the remaining group entities do not exceed 18%. The Fund is passively managed and generally invests in the stocks of companies included in the Index, although it may use other Shariah-compliant investments, such as depositary receipts, where necessary. Income is reinvested.

Ticker: $HIEM
Fund name: HSBC MSCI Emerging Markets Islamic Screened Capped

Primary listing: LSE
Fund Manager: HSBC

Share currency: USD
Benchmark: MSCI EM (Emerging Market) Islamic Universal Screened Select Capped Index

: USD

: 6

Documents: Costs disclosure document

HIEM Metrics

$182M

1.72

HIEM Fund Highlights

This fund aims to track the MSCI Emerging Markets Islamic ESG Universal Screened Select Capped Index, which covers Shariah-compliant large- and mid-cap stocks across Emerging Markets with ESG and values-based exclusions.

Accumulating

0.35%

0.80%

0.03%

Compare HIEM

Compare with another

Compare $HIEM and £HIES
Annual charges
0.35%
0.35%
Fund size
$182M
$182M

HIEM Fund Breakdown

Top holdingsCountries

Sk Hynix Inc

15.38%

Samsung Electronics Co Ltd

13.64%

Delta Electronics Inc

4.89%

Mediatek Inc

4.41%

Samsung Electro-mechanics Co Ltd

2.69%

Hon Hai Precision Industry Co Ltd

2.43%

United Microelectronics

2.13%

Al Rajhi Bank

1.99%

Samsung Electronics Co Ltd Pfd Registered Shs Non-voting

1.73%

Other

50.71%

Other funds tracking MSCI EM (Emerging Market) Islamic Universal Screened Select Capped Index

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Fund name
HSBC MSCI Emerging Markets Islamic Screened Capped £HIESAccGBP	$182M	0.35%	Compare

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