Key stats
About ETFB Green SRI REITs ETF
Expense ratio
0.50%
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Inception date
Dec 8, 2021
FTSE EPRA Nareit IdealRatings Developed REITs Islamic Green Capped Index - Benchmark TR Gross
RITA is a passively managed fund that invests in REITs that are screened for certain business, financial, socially responsible, and green investing standards. The fund selects eligible REITs with satisfactory debt-to-assets ratio from developed countries. The fund excludes companies involved in business practices that are non-compliant with Shariah law. Furthermore, companies without green certification from an eligible third-party certifying body are also excluded. Companies are initially weighted by market-cap, subject to individual limits. Qualified companies are then assigned green scores using data from green certifications and energy usage. REITS with higher green scores are given more weight. During the adjustment process, companies with low utility usage scores are removed. Adjustments should not change by no more than 2% of any sector or country weight within the portfolio. The index is rebalanced and reconstituted quarterly.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region