BlackRock is looking to do some good while doing well at the same time with its latest values-based exchange-traded fund focusing on human rights.

The fund, dubbed the iShares Human Rights Index, will follow the MSCI All Country World Index but will exclude companies that have economic associations with countries or regimes implicated in serous human rights violations such as activities that result in widespread death, torture, rape, slavery, forced labor, and forced displacement of communities, according to the iShares' filing with the U.S. Securities and Exchange Commission.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.