They will track the performance of the S&P Developed Ex-Korea LargeMidCap ESG Enhance Sector Indices, a series of newly rolled out benchmarks for sustainable sector investing.
The ETFS are the Invesco S&P World Energy ESG UCITS ETF; World Financials ESG UCITS ETF; World Healthcare ESG UCITS ETF and World Information Technology ESG UCITS ETF.
Invesco promotes Bethany Shard to deputy fund manager
The company said sector ETFs can be effective in enabling investors to express their views on macroeconomic, demographic or other market drivers.
Gary Buxton, head of EMEA ETFs and indexed strategies at Invesco, said the flows seen by ESG strategies in the last few years are proof investors want to incorporate sustainability throughout their portfolios.
He added investors are turning their attention towards more targeted exposures, beyond core equity and fixed income holdings, “and quite rightly demanding a similarly robust and thoughtful process for integrating ESG.”
Invesco shutters six ETFs due to ‘economic viability’
Jas Duhra, global head of sustainability indices at S&P Dow Jones Indices, added: “We are very pleased that Invesco has licensed the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Sector Indices for its new exchange-traded funds.
“As a pioneer in the development of sustainability-focused indices, S&P DJI continues to launch innovative indices for investors looking to integrate environmental, social and governance factors into their investing strategies. These broad indices using advanced optimisation techniques offer diversification and seek to account for financial materiality in each sector.”
