HSBC MSCI Europe Islamic Screened/$HIEU

About HIEU ETF

The investment objective of the Fund is to track as closely as possible the returns of the MSCI Europe Islamic Universal Screened Select Index, while integrating environmental, social and governance (ESG) metrics. The Index is a subset of the MSCI Europe Islamic Index and measures the performance of large- and mid-cap stocks across 15 Developed Markets countries that comply with Shariah investment principles. The Index applies exclusionary criteria and excludes stocks with exposure to controversial and nuclear weapons, civilian firearms, tobacco, thermal coal power and mining, unconventional oil and gas extraction, Arctic oil and gas, palm oil, recreational cannabis, and breaches of the United Nations Global Compact principles. It also excludes stocks with the weakest ESG profiles and applies an ESG re-weighting factor based on current MSCI ESG Ratings and trends. The Fund is passively managed and generally invests in the stocks that make up the Index, although it may use Shariah-compliant investments such as depositary receipts when necessary.

Ticker: $HIEU
Fund name: HSBC MSCI Europe Islamic Screened

Primary listing: LSE
Fund Manager: HSBC

Share currency: USD
Benchmark: MSCI Europe Islamic Universal Screened Select Index

: EUR

: 5

Documents: Costs disclosure document

HIEU Metrics

$161M

0.96

HIEU Fund Highlights

This Fund aims to track the MSCI Europe Islamic Universal Screened Select Index, which covers Shariah-compliant large- and mid-cap stocks across 15 Developed Markets countries and applies ESG screening.

Accumulating

0.30%

0.80%

0.03%

Compare HIEU

Compare with another

Compare $HIEU and £HIPS
Annual charges
0.30%
0.30%
Fund size
$161M
€144M

HIEU Fund Breakdown

Top holdingsSectorsCountries

ASML Holding

13.86%

SAP

7.59%

TotalEnergies SE

5.71%

ABB Ltd

4.64%

AstraZeneca

4.10%

Schneider Electric

3.83%

L'Oreal

3.53%

Sanofi

2.84%

Novo Nordisk

2.05%

Other

51.84%

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HSBC MSCI Europe Islamic Screened £HIPSAccGBP	€144M	0.30%	Compare

Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.

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