Invesco quotes one ESG ETF in two different currencies

Invesco lists today one new ETF on the London Stock Exchange

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By ETFWorld.co.uk

The Invesco NASDAQ-100 ESG UCITS ETF Acc aims to provide the net total return performance of the NASDAQ-100 ESG Index, less the impact of fees.

The Reference Index is designed to reflect the performance of companies in the Nasdaq-100 Index that meet specific ESG criteria. Companies are evaluated and weighted on the basis of their business activities, controversies and ESG Risk Ratings.

The Reference Index is constructed by first excluding securities that: (1) are involved in adult entertainment, alcohol, arctic oil and gas exploration, recreational cannabis, controversial weapons, gambling, military weapons, nuclear power, oil and gas, oil sands, riot control, shale energy, small arms, thermal coal or tobacco; (2) do not comply with the principles of the UN Global Compact or have a high Sustainalytics controversy score; or (3) have a high Sustainalytics ESG Risk Rating or are not yet rated.

Each of the eligible securities is then assigned a weighting factor based on its respective Sustainalytics ESG Risk Rating Score, which is applied to re-weight the eligible securities using their market value in the Parent Index to calculate the weighting of the Reference Index. The Reference Index is reconstructed and rebalanced on a quarterly basis.

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.

Below is the Tables with the relevant data:

Source: ETFWorld.co.uk