The combination of terms references the definition of an Exchange Traded Product (ETP) that holds securities related to fisheries certified by the Marine Stewardship Council (MSC). These fisheries meet specific standards for sustainable fishing practices. An ETP, in this context, is a type of security that tracks the performance of an index or basket of assets comprised of companies or entities involved in the harvesting, processing, or distribution of MSC-certified fish. As an example, consider an ETP tracking an index of seafood companies sourcing primarily from MSC-certified fisheries.
Understanding the components of this phrase is crucial because it represents a growing intersection between financial investment and environmentally conscious practices. The increasing demand for sustainable seafood drives the creation of financial products that allow investors to support and profit from responsible fisheries management. The historical context lies in the rising consumer awareness of overfishing and its impact on marine ecosystems, leading to a demand for verifiable sustainability certifications like those provided by the MSC. This then translates to investor interest in vehicles that promote and benefit from such certifications.
