FYI: In a note to investors released April 5, BlackRock announced sweeping changes regarding the presence of gun stocks in its ETF lineup.
These include the impending launch of two new gun-free ETFs and the implementation of explicit screens for civilian firearms manufacturers and retailers in its existing bond and equity ESG ETFs.
BlackRock will also slash fees for its two most popular ESG funds, which also happen to be the largest ESG ETFs on the market: the iShares MSCI KLD 400 Social ETF (DSI) and the iShares MSCI USA ESG Select ETF (SUSA).
Regards,
Ted
http://www.etf.com/sections/features-and-news/blackrock-launch-gun-free-esg-etfs?nopaging=1
