ESGU

The iShares ESG Aware MSCI USA ETF (ESGU) holds a broadly diversified portfolio of U.S. large‑ and mid‑cap equities that meet MSCI’s ESG screening criteria, concentrating mainly in technology, financials and health‑care while excluding companies involved in tobacco, civilian firearms, thermal coal and oil sands. Its investment approach is a passive, full‑replication of the MSCI USA Extended ESG Focus Index, which seeks to mirror the risk‑return profile of the broader U.S. market while integrating environmental, social and governance factors. The fund’s assets are almost entirely U.S. stocks, with a small cash component for liquidity. ESGU is appropriate for investors who want core exposure to the U.S. equity market combined with an ESG‑focused mandate and are comfortable with a long‑term growth orientation.