Invesco announced this week the launch of a new CAD-hedged series for Invesco S&P International Developed Low Volatility Index ETF (ticker symbol ILV.F).

With the addition of the CAD-hedged series, investors can now choose to invest in the ETF on either a CAD-unhedged (ILV) or CAD-hedged (ILV.F) basis.

The ETF invests primarily in low-volatility equity securities of companies located in developed markets within the Europe and Asia-Pacific regions, excluding Korea, says Invesco.

“For investors concerned about volatility but seeking to maintain equity-market exposure, low-volatility strategies may help to reduce downside risk,” says the company.