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Sustainable emerging-market stocks

SUSM.LΒ·iShares MSCI EM SRI UCITS ETF USD (Acc)
Tracks MSCI EM SRI Select Reduced Fossil Fuels

The sustainable version of the emerging-markets fund. Excludes oil giants like Aramco and PetroChina, plus weapons, tobacco, gambling and low-rated companies: keeping only the best environmental and social performers across emerging countries. Much smaller holding list than the standard EM fund.

Annual fee
0.35%
per year
Risk level
Higher
Dividends
Reinvested
automatically
Provider
iShares
-over the past year
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Worst drop
-
Volatility / yr
-
Annual fee
0.35%
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Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.

What's good
  • Ethical EM exposure: no Aramco, PetroChina, tobacco
  • Diversifies your sustainable portfolio into EM growth
  • Reinvests dividends automatically
Watch out for
  • Much more concentrated than the standard EM fund
  • Smaller fund: less liquid than EIMI
  • Higher fee than the basic emerging-market trackers

About this fund

Tracks MSCI EM SRI Select Reduced Fossil Fuels. Roughly 200 companies (vs 3,000 in broad EM) after screens. Tech and consumer-staples heavy since fossil-fuel-heavy markets like Russia and Saudi Aramco are largely excluded.

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Themes
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Frequently asked questions

Is SUSM.L accumulating or distributing?

iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.

What is the annual fee (TER) for SUSM.L?

SUSM.L has a total expense ratio (TER) of 0.35% per year. On a $10,000 holding that is roughly $35 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.

Can I buy SUSM.L on Interactive Brokers?

Yes. SUSM.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.

What does SUSM.L invest in?

iShares MSCI EM SRI UCITS ETF USD (Acc) (SUSM.L) tracks the MSCI EM SRI Select Reduced Fossil Fuels. The sustainable version of the emerging-markets fund. You buy one fund and get the whole basket in a single trade.

Is SUSM.L a UCITS ETF, and where is it domiciled?

Yes, SUSM.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.

How risky is SUSM.L?

On the TickerCompare 1 to 5 scale, SUSM.L is rated higher risk (4/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.