The product I am looking for is a diversified ETF like MSCI World, excluding sectors that I do not want my money to be invested in.
Ideally, I would be able to choose a basis ETF (like MSCI World), and then just tick checkboxes of sectors or companies to exclude by criteria like involement in, e.g.
- extracting or selling fossil fuels
- industrial meat farming
- distribution of deep-fried candy bars
- even more random preference.
Does this product exist?
I know some 'pre-made' ETFs like that exist (e.g. MSCI WORLD SRI, MSCI ACWI Low Carbon Target ETF), but these would never meet all of my personal preferences.
And if this product really doesn't exist, why should it be hard to build this? There should be quite some demand, given vastly diverse social preferences of individuals, e.g. due to religion, etc..