"iShares MSCI Europe Paris-Aligned Climate UCITS ETF EUR (Acc)" is an exchange-traded investment fund (ETF). It refers to the MSCI Europe Climate Paris Aligned Benchmark Select index. This index reflects the development of securities . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings are automatically reinvested (accumulated). The fund company iShares claims a total expense ratio (TER) of 0.15% per year.