Invesco has launched two new active ETFs that combine sustainability criteria with a factor approach on Xetra and Borse Frankfurt.
The funds – the Invesco Quantitative Strategies ESG Global Equity Multi-factor UCITS ETF – Acc, and the Invesco Quantitative Strategies ESG Global Equity Multi-factor UCITS ETF – EUR PfHdg Acc
– cover shares worldwide that meet the ESG environmental, social and corporate governance criteria.
Eligible shares are checked for compliance with the fund’s ESG criteria and then are rated on the basis of three investment factors: Substance (i.e. companies perceived as “cheap” compared to the market average), quality (ie companies with higher earnings compared to the market average) and dynamism (ie companies whose historical share price performance or earnings growth was above the market average).
Actively managed ETFs aim to generate a long-term return above the MSCI World Index. Investors can choose between a USD and a EUR hedged unit class.