The Index reflects the performance of a virtual investment managed on the basis of a Strategy. This Strategy is determined by the index sponsor and the index sponsor is solely responsible for it. The Index Calculation Agent neither advises nor assists the index sponsor in connection with the preparation or implementation of the Strategy.
The Strategy of the Index Sponsor is to select companies in four defined impact themes: Health, Education, Poverty and Environment from which the Index Sponsor expects to deliver high performance, and that meet a set of quantitative and qualitative factors based on a combination of fundamental and Environmental, Social and Governance (ESG) analysis. The Index Sponsor uses a fundamentally driven financial analysis and ESG screening tool to ensure each company in the Index meet the respective requirements in terms of valuation and ESG criteria.
The goal is to have diversified exposure in terms of region, impact theme and style with some growth and value shares as well as large and mid-small caps. The aim of the Strategy of the Index Sponsor is to achieve long-term capital growth. The performance of the Strategy is measured against a global ESG-related benchmark. The Index must contain at least 10 different constituents. Index constituents must have a market capitalization of at least USD 500 million.