The HANS-GINS Cloud Technology Equal Weight ETF (LON:SKYY) co-creator Anthony Ginsberg tells Proactive its changing the indices the ETF tracks, moving to an equal weighting across all stocks and including a negative ESG screen. Ginsberg says the negative ESG screen includes norms-based screening, controversial weapons screening and a simple fossil fuel sector screen. Its being renamed to reflect the move from a market cap weighting to the new methodology, the HAN-GINS Cloud Technology UCITS ETF becoming the HANS-GINS Cloud Technology Equal Weight UCITS ETF (LON:SKYY).
The HANS-GINS Cloud Technology Equal Weight ETF changes index methodology and adds ESG screen
