What does SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF do?

SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF (NYSE:EEMX) is an investment fund focusing on providing exposure to emerging market companies excluding those owning fossil fuel reserves. This approach is aimed at investors looking for an opportunity to invest in a future that moves away from non-renewable energy sources. The ETF's objective is to track the performance of the MSCI Emerging Markets ex Fossil Fuels Index, which includes companies that are making significant contributions to cleaner and more sustainable energy practices. Through a carefully selected portfolio, SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF offers a unique investment option for those looking to align their financial goals with environmental values, emphasizing growth in renewable energy and sustainability sectors within emerging markets.
SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF company media

Company Snapshot

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Ownership

Public
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Employees

2,307
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Sector

ETF
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Head Office

Boston, United States
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Year Founded

2016

What does SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF specialise in?

/Emerging Markets /Fossil Fuel-Free /Equity Investment /Diverse Portfolio /Reserves Free /Total Return

What are the products and/or services of SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF?

Overview of SPDR® MSCI Emerging Markets Fossil Fuel Reserves Free ETF offerings
Emerging Market Equity Exposure: EEMX offers investors exposure to a basket of stocks listed in emerging markets around the world. This allows investors to potentially benefit from the economic growth of these developing economies.
Fossil Fuel Reserves Exclusion: A key characteristic of EEMX is its exclusion of companies with significant fossil fuel reserves. The fund uses a screening methodology to exclude companies that derive a certain portion of their revenue from owning or developing coal, oil, or natural gas reserves.
Alignment with Sustainable Investing: By excluding fossil fuel companies, EEMX caters to investors who prioritize environmental, social, and governance (ESG) factors in their investment choices.
Passive Management: EEMX is passively managed, meaning it tracks the performance of an underlying index, the MSCI Emerging Markets ex Fossil Fuels Index. The fund doesn't involve active security selection by a portfolio manager.
Diversification Across Sectors: While excluding fossil fuel companies, EEMX still provides diversification across various sectors within emerging markets. This could include sectors like technology, consumer staples, financials, or materials.
Exchange Traded with Lower Barrier to Entry: EEMX is listed on the NYSE Arca exchange under the ticker symbol EEMX. This allows investors to easily buy and sell shares of the ETF like any stock, offering a potentially lower barrier to entry compared to directly investing in individual emerging market stocks.