Invesco quotes one ESG ETF on the LSE

Invesco lists today one new ESG ETF on the London Stock Exchange

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By ETFWorld.co.uk

The Invesco FTSE All Share ESG Climate UCITS ETF Acc aims to provide the net total return performance of the FTSE All Share ex Investment Trusts ESG Climate Select Index, less the impact of fees.

The Reference Index tracks the performance of large- and mid-capitalisation companies in the UK equity market and re-weights constituents’ free-float market capitalisation based upon certain environmental, social and governance (“ESG”) metrics. The aim of this methodology is to increase exposure to those companies demonstrating a robust ESG profile, those generating an increased percentage of their revenue from green projects, and those that exhibit lower levels of carbon emissions and fossil fuel reserves.

The Reference Index is constructed from the FTSE All-Share ex Investment Trusts Index and excludes securities in companies that have faced very severe controversies pertaining to ESG issues (including UN Global Compact violations) or are involved as defined by the Index Provider in any of the following business activities: Arctic oil and gas exploration, adult entertainment, controversial weapons, small arms, gambling, military contracting, nuclear power, oil sands, thermal coal, recreational cannabis and tobacco. The Index is rebalanced quarterly.

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