The launch reaffirms a commitment to ESG ETFs, offering
investors a variety of ways to tailor ESG exposure to their unique
needs.
TORONTO, Jan. 20, 2022 /PRNewswire/ -- Invesco Canada Ltd.
("Invesco") today announced the launch of eight new
exchanged-traded funds (ETFs) that expand its Environmental, Social
and Governance (ESG) offerings. The robust ESG ETF launch broadens
the depth and breadth of its ESG ETF line-up to meet clients'
specific investment goals.
"Our clients tell us that ESG focused products have become a key
component of building diversified portfolios and we are committed
to further expanding our ESG offerings," said Pat Chiefalo, Senior Vice President, Head ETFs
& Index Strategies, Canada. "Invesco will continue to
dedicate resources and employ our in-house expertise to create new
ESG ETFs that can help clients meet their desired investment
outcomes."
Five of the eight ETFs launching today, which are listed below,
will include a series of CAD Hedged Units:
ETF
Name
|
Ticker
|
Invesco S&P US
Total Market ESG Index ETF
|
IUCE (CAD
Units)
IUCE.F (CAD Hedged
Units)
|
Invesco S&P US
Total Market ESG Tilt Index ETF
|
IUTE (CAD
Units)
IUTE.F (CAD Hedged
Units)
|
Invesco
S&P/TSX 60 ESG Tilt Index ETF
|
IXTE
|
Invesco
S&P/TSX Composite ESG Tilt Index ETF
|
ICTE
|
Invesco S&P
500 ESG Tilt Index ETF
|
ISTE (CAD
Units)
ISTE.F (CAD Hedged
Units)
|
Invesco S&P
International Developed ESG Index ETF
|
IICE (CAD
Units)
IICE.F (CAD Hedged
Units)
|
Invesco S&P
International Developed ESG Tilt Index
ETF
|
IITE (CAD
Units)
IITE.F (CAD Hedged
Units)
|
Invesco ESG Global
Bond ETF
|
IWBE
|
"By growing our ESG suite of products, our goal is to offer
investors an unpreceded combination of solutions that can
potentially meet a wide variety of ESG goals," continued Chiefalo.
"Our launch today is the first step in the reinvigoration of
Invesco's Canadian ETF suite."
Seven of the ESG ETFs launched today will track ESG indices from
S&P Dow Jones Indices (S&P DJI). S&P DJI has been a
pioneer in ESG indexing for 20 years, starting with the 1999 launch
of the Dow Jones Sustainability World Index. The new Invesco ETFs
will add a variety of ESG opportunities and several new markets to
the two existing Invesco ETFs tracking ESG indices from S&P
DJI, the Invesco S&P 500 ESG Index ETF (ESG / ESG.F) and
Invesco S&P/TSX Composite ESG Index ETF (ESGC / ESGC.F).
The actively-managed Invesco ESG Global Bond ETF (IWBE) applies
the same ESG screening methodology as the existing Invesco ESG
Canadian Core Plus Bond ETF (BESG). Both will seek to deliver
interest income and growth potential through ESG fixed income
allocations.
Invesco also recently launched the Invesco ESG NASDAQ 100 ETF
(QQCE / QQCE.F) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJE /
QQJE.F) in November 2021. Today's
launch increases the number of ESG ETF products offered in
Canada to 13.
The initial offering of the eight ETFs included in the above
table has now closed. Units in the ETFs will be available for
trading on TSX when the market opens today.
Invesco Americas ETF suite currently has over US$407 billion in assets under management (AUM)
as of December 31, 2021.
Invesco Canada Ltd. is a subsidiary of Invesco Ltd.
About Invesco Ltd.
Invesco Ltd. is a global independent investment management firm
dedicated to delivering an investment experience that helps people
get more out of life. Our distinctive investment teams deliver a
comprehensive range of active, passive and alternative investment
capabilities. With offices in more than 20 countries, Invesco
managed US$1.5 trillion in assets on behalf of clients
worldwide as of September 30, 2021. For more information,
visit www.invesco.com.
There are risks involved with investing in ETFs. Please read the
prospectus for a complete description of risks relevant to the ETF.
Ordinary brokerage commissions apply to purchases and sales of ETF
units. Most Invesco ETFs seek to replicate, before fees and
expenses, the performance of the applicable index, and are not
actively managed. This means that the sub-advisor will not attempt
to take defensive positions in declining markets and the ETF will
continue to provide exposure to each of the securities in the index
regardless of whether the financial condition of one or more
issuers of securities in the index deteriorates. In contrast, if an
Invesco ETF is actively managed, then the sub-advisor has
discretion to adjust that Invesco ETF's holdings in accordance with
the ETF's investment objectives and strategies.
Invesco is a registered business name of Invesco Canada Ltd.
The S&P Dow Jones Indices are a product of S&P Dow Jones
Indices LLC or its affiliates ("SPDJI"), and has been licensed for
use by Invesco Canada Ltd. S&P® is a registered trademark of
Standard & Poor's Financial Services LLC ("S&P"); Dow
Jones® is a registered trademark of Dow Jones Trademark Holdings
LLC ("Dow Jones"); "TSX" is a trademark of TSX, Inc., and these
trademarks have been licensed for use by SPDJI and sublicensed for
certain purposes by Invesco Canada Ltd. The Invesco S&P ETFs
are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones,
S&P, TSX or their respective affiliates, and none of such
parties make any representation regarding the advisability of
investing in such product nor do they have any liability for any
errors, omissions, or interruptions of the S&P Indices.
Nasdaq®, Nasdaq-100 ESG Index™, and Nasdaq Next Generation 100
ESG Index™ are registered trademarks of Nasdaq, Inc. (which with
its affiliates is referred to as the "Corporations") and are
licensed for use by Invesco Canada Ltd.
The Product(s) have not been passed on by the Corporations as to
their legality or suitability. The Product(s) are not issued,
endorsed, sold, or promoted by the Corporations. THE
CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT
TO THE PRODUCT(S).
Invesco® and all associated trademarks are
trademarks of Invesco Holding Company Limited, used under
licence.
Contact: Stephanie Diiorio,
stephanie.diiorio@invesco.com 212.278.9037
View original content to download
multimedia:https://www.prnewswire.com/news-releases/invesco-expands-its-canadian-etf-line-up-with-eight-new-esg-etfs-301463326.html
SOURCE Invesco Ltd.