Global asset manager Invesco announced today the launch of 8 new ESG ETFs in Canada, substantially expanding its suite of sustainable investment offerings in the country.
According to Invesco, the launches mark the first step in the firm’s reinvigoration of its ETF business in Canada, and align with the company’s focus on broadening the spectrum of ESG capabilities offered to investors.
Pat Chiefalo, Senior Vice President, Head ETFs & Index Strategies, Invesco Canada, said:
“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. 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.”
The new funds include 7 ETFs tracking ESG indices from S&P Dow Jones Indices, covering US, Canadian and international markets, including the S&P US Total Market ESG, S&P US Total Market ESG Tilt Index , S&P/TSX 60 ESG Tilt Index, S&P/TSX Composite ESG Tilt, S&P 500 ESG Tilt Index, S&P International Developed ESG Index and the S&P International Developed ESG Tilt Index. Additionally, Invesco Canada is launching the Invesco ESG Global Bond ETF, an actively managed fund seeking to deliver interest income and growth potential through ESG fixed income allocations.
With the new launches, Invesco more than doubles the number of its ESG ETF offerings in Canada to 13 funds.
“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. Our launch today is the first step in the reinvigoration of Invesco’s Canadian ETF suite.”