ESGG Profile
FlexShares Global ESG Impact Index ETF (ESGG) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Sustainability Index (the Index). The Index is designed to reflect the performance of a selection of companies that, in aggregate, possess greater exposure to environmental, social, and governance (ESG) characteristics relative to the Northern Trust Global IndexSM, a float-adjusted market-capitalization weighted index of global developed market equities.
The ETF is managed by FlexShares, a subsidiary of Northern Trust, and has a diversified portfolio of companies across sectors and regions. As of September 2021, the top holdings of ESGG included companies such as Microsoft, Apple, Amazon, Alphabet, and Visa.
ESGG provides investors with a way to invest in companies with strong ESG characteristics, which can help to mitigate risks and potentially enhance long-term returns. The ETF has a relatively low expense ratio of 0.42%, making it a cost-effective way to gain exposure to a portfolio of ESG companies.
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