Key stats
About HORIZONS GBL SUSTANBLTY LEDRS INDX UNITS CL A
Expense ratio
0.64%
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Inception date
Oct 30, 2018
ISIN
CA44054C1068
The fund seeks to provide exposure to a portfolio of global stocks from that limits exposure to the fossil fuel industry and climate change risk, and to invest in companies considered to be climate leaders. These are defined to be: (i) companies that have a carbon impact that places it in the top one-third of a companys industry, or (ii) companies involved in commercializing technologies that have net positive climate benefits through substantial greenhouse gas emissions reductions. ESG screens are also employed such that companies deemed to be inconsistent with responsible investment considerations are removed. The index is market-cap-weighted, with individual securities capped at 4%. Industry weights are also capped at 3%. The fund is ordinarily rebalanced annually.
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Health Technology
Stock breakdown by region