Invesco launches ESG exchange traded fund
Invesco announced Oct. 8 the launch by Invesco Canada Ltd. of the Invesco S&P/TSX Composite ESG Index ETF (ESGC).
Invesco says ESGC will be first Canadian-listed ETF to track the S&P/TSX Composite ESG Index, which uses S&P DJI's Environmental, Social and Governance criteria to select companies from the benchmark Canadian S&P/TSX Composite Index.
"Invesco has one of the longest track records in the ESG space, having launched clean tech ETFs in 2005," says Jason McKay, Head of Wealth Management Intermediaries, Canada. "The newest launch of the Invesco S&P/TSX Composite ESG Index ETF will further expand our global ESG product suite with a Canadian focus, offering investors an ESG overlay on a key benchmark of the Canadian equity market."
Units of the Invesco S&P/TSX Composite ESG Index ETF began trading on the Toronto Stock Exchange Oct. 8.