Invesco lists two Low Carbon ETFs on LSE

Invesco has launched two new Exchange Traded Funds (ETFs) to the LSE (London Stock Exchange)

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By ETFWorld.co.uk

Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc

The Invesco Quantitative Strategies Global Equity Low Volatility Low Carbon UCITS ETF Acc aims to achieve a long-term return in excess of the MSCI World Index by investing in an actively managed portfolio of equities that meet a defined set of quantitative and environmental, social and governance (“ESG”) criteria while limiting the volatility of the portfolio.

The initial universe of approximately 3,000 global equities is screened using both exclusionary criteria and a “best in class” approach, which selects stocks from each industry that have the highest ESG scores. Following application of this ESG Policy, the Manager constructs an equity portfolio with low volatility characteristics while meeting and sector, industry and country constraints, and maintaining lower carbon intensity relative to broad global equities. The Manager then optimises that portfolio based on Value, Quality and Momentum risk factors. This entire process is repeated each month, and the fund’s holdings rebalanced accordingly.

The benchmark index is the MSCI World Index and is shown for performance comparison purposes only. The fund does not track the index.

Source: ETFWorld.co.uk