The iShares MSCI World Consumer Discretionary Sector Advanced UCITS ETF USD (Dist) seeks to track the MSCI World Consumer Discretionary Advanced Select 20 35 Capped index. The MSCI World Consumer Discretionary Advanced Select 20 35 Capped index tracks the consumer discretionary sector of the developed markets worldwide (GICS sector classification). The stocks included are filtered according to ESG criteria (environmental, social and corporate governance). Excluded sectors and companies: weapons, tobacco, thermal coal, oil sands, non-compliance with UN Global Compact. The weight of the largest constituent is constrained to 35% and the weights of all other constituents are constrained to a maximum of 20%.