HSBC MSCI Europe Islamic ESG UCITS ETF EUR Acc AccumEUR
The HSBC MSCI Europe Islamic ESG UCITS ETF EUR Acc, trading under the ticker GB:HIEU, offers investors a unique opportunity to engage with the European equity market through a lens of ethical and sustainable investing. This ETF is strategically designed to track the performance of the MSCI Europe Islamic ESG Universal Index, providing exposure to a broad spectrum of European companies that adhere to strict Islamic finance principles while also meeting environmental, social, and governance (ESG) criteria. By focusing on the total market, the fund captures a diverse range of companies across various sizes and styles, ensuring comprehensive coverage of the European economic landscape.
The ETF's niche lies in its dual commitment to Shariah compliance and ESG standards, making it an ideal choice for investors who are both ethically conscious and keen on sustainable investment practices. This dual focus not only aligns with the values of socially responsible investors but also taps into the growing trend of integrating ESG factors into investment decisions. As an accumulating fund, it reinvests dividends, allowing investors to benefit from compounding returns over time. The HSBC MSCI Europe Islamic ESG UCITS ETF EUR Acc stands out in the market for its unique blend of ethical investment disciplines and broad-based market exposure, offering a compelling option for those looking to invest in Europe's future with a conscience.
HSBC MSCI Europe Islamic ESG UCITS ETF EUR Acc AccumEUR (HIPS) Fund Flow Chart
HSBC MSCI Europe Islamic ESG UCITS ETF EUR Acc AccumEUR (HIPS) 1 year Net Flows: €41M