Invesco lists two new 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 Wind Energy UCITS ETF Acc

The Invesco Wind Energy UCITS ETF Acc aims to provide the net total return performance of the WilderHill Wind Energy Index, less the impact of fees.

The Reference Index is designed to track the performance of global companies whose innovative technologies focus on advancing wind energy and enabling its use. It is calculated by equally weighting each security and is rebalanced quarterly.

The Reference Index is composed of companies focused on improving wind turbines and blades, providing materials used in wind energy, modernising the grid, facilitating greater wind energy deployment or expanding its use. It includes companies involved in onshore and offshore wind energy. Companies are excluded if they are deemed by the Index provider (using data provided by Sustainalytics) to be involved in activities that have adverse impacts on societies and ecosystems from an environmental, social and governance standpoint. It excludes companies with significant exposure to fossil fuels. Securities must also meet certain liquidity and tradability criteria to be eligible for inclusion.

The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the Reference Index in their respective weightings. The fund will aim to rebalance its holdings whenever the Reference Index is rebalanced. This method is referred to as full physical replication.

This ETF is passively managed.

Invesco Hydrogen Economy UCITS ETF Acc

The Invesco Hydrogen Economy UCITS ETF Acc aims to provide the net total return performance of the WilderHill Hydrogen Economy Index, less the impact of fees.

The Reference Index is designed to track the performance of global companies whose innovative technologies focus on advancing the use of hydrogen, fuel cells and the potential hydrogen economy. It is calculated by equally weighting each security and is rebalanced quarterly.

The Reference Index is composed of companies involved in renewable green hydrogen activities which include improvements in hydrogen generation, storage, conversion, uses in transportation, innovation, and the advancement of fuel cells. Companies are excluded if they are deemed by the Index provider (using data provided by Sustainalytics) to be involved in activities which have adverse impacts on societies and ecosystems from an environmental, social and governance standpoint. It excludes companies with significant exposure to fossil fuels. Securities must also meet certain liquidity and tradability criteria to be eligible for inclusion.

The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the Reference Index in their respective weightings. The fund will aim to rebalance its holdings whenever the Reference Index is rebalanced. This method is referred to as full physical replication.

This ETF is passively managed.

Source: ETFWorld.co.uk