Nationwide Maximum Diversification Emerging Markets Core Equity ETF (MXDE) ETF

MXDE - Profile & Info

The investment objective of the Nationwide Maximum Diversification Emerging Markets Core Equity ETF seeks to track an index assembled by Paris-based consultancy Tobam. The index starts with all emerging markets companies with more than $750 million in market cap that meet a minimum liquidity threshold. Companies are then screened based on Tobam’s SRI “exclusion blacklist”. The blacklist includes companies that are in weapons, have bad human rights records, make tobacco, produce coal – as well as other screens.