The iSTOXX Global Cities of Tomorrow Select 30 Index allows a targeted investment in the sustainable smart city megatrend. The index is comprised of 30 liquid stocks with low volatility and high dividend yield. The components are selected from a pool of companies that are addressing the needs of the cities and citizens of the future. These companies provide a diverse set of solutions, for which demand is constantly increasing as it is driven by growing urban population, limited natural resources and increasing focus on environmental sustainability. Moreover, eligible companies are screened by ESG scores to result in a selection of leaders with regards to environmental, social and governance criteria. Industry, region and country neutrality filters are applied in the selection process to ensure diversification.
Companies that are in contravention of the UN Global Compact Principles or are involved in Controversial Weapons activities, as identified by Sustainalytics, are excluded. Additionally, companies involved in Weapons (Small Arms and Military Contracting), Gambling, Adult Entertainment, Unconventional Oil & Gas (Arctic Oil and Gas Exploration, Oil Sands and Shale Energy), Conventional Oil & Gas, Thermal Coal, Nuclear Power, Tobacco, Aerospace and Defense are also excluded.
Revere (RBICS) data allow a detailed breakdown of the revenue sources of the eligible companies, helping this index to select companies with substantial exposure to the 'sustainable smart city' megatrend.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|HKT TRUST & HKT||Telecommunications||HK|
|SNAP-ON||Industrial Goods and Services||US|
|CHINA CITIC BANK 'H'||Banks||CN|
|KONE B||Industrial Goods and Services||FI|
|CSR Ltd.||Construction and Materials||AU|
|BMW||Automobiles and Parts||DE|
|MEDTRONIC PLC||Health Care||US|
|CHINA MINSHENG BANKING H||Banks||CN|