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Iq Candriam ESG U.S. Mid Cap Equity ETF seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ Candriam ESG U.S. Mid Cap Equity Index. The underlying index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market-capitalization weighting methodology. Under normal circumstances, at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in U.S. equity securities of mid-capitalization companies. |
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