Sunday, March 11, 2012

iShares Human Rights Index Fund => nothing will drive responsible civilisation like money!!!

iShares has filed paperwork with the SEC for a “iShares Human Rights Index Fund.” 

Principal Investment Strategies
The Underlying Index aims to exclude companies that have economic associations with countries or regimes that are implicated in certain serious human rights violations, including, but not limited to, acts that result in widespread death, torture, rape, slavery, forced labor, and forced displacement of communities.

In addition, companies with substantial economic associations with repressive regimes with poor human rights records, such as Sudan, Iran and Burma, are excluded.

Further violations may also include, but are not limited to, actions taken by company employees, local military, security personnel, private military, or civilian contractors.

The selection universe for the Underlying Index is the MSCI All Country World Index. The Underlying Index is comprised only of equity securities. Companies are then excluded from this list based on MSCI ESG (Environmental, Social and Governance) research data as of the end of January, April, July and October. As of December 31, 2011, the Underlying Index consisted of companies in the following countries: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, the Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Morocco, the Netherlands, New Zealand, Norway, Peru, the Philippines, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and the United States (together, the “ACWI countries”).

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