Invesco Canada has launched five ETFs that include an ESG overlay to meet the “growing trend” of incorporating sustainability considerations.
The ETFs track several S&P Dividend Aristocrat Indexes and offer exposure to different areas of dividend income.
Bruce Schachne, chief commercial officer at S&P Dow Jones Indices, said: “These indices incorporate dividend-based strategies that reflect the ongoing market sentiment and growing trend of what’s often viewed as a traditional barometer of companies’ financial health combined with sustainability considerations.”
Their ESG oversight comes from NEI Investments, whose head Tim Prescott said the launch was exciting news for Canadians who want to grow their individual wealth while aligning their investments with their values.
NEI’s ESG overlay is focused on three areas: reviewing the integrity and efficacy of the index’s ESG criteria, reviewing holdings where their ESG appropriateness, and advising on proxy voting and ESG collaboration.
The Invesco Dividend Aristocrats ETFs will be the first products Invesco Canada offers with an ESG-tilt on a dividend income strategy.
Two of the five ETFs launching today, which are listed below, will include a series of CAD Hedged Units.
| ETF name | Index |
| Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF | S&P/TSX Canadian ESG Dividend Aristocrats FMC Weighted |
| Invesco S&P US Dividend Aristocrats ESG Index ETF (CAD Units) | S&P ESG High Yield Dividend Aristocrats FMC Weighted |
| Invesco S&P US Dividend Aristocrats ESG Index ETF (CAD Hedged Units) | S&P ESG High Yield Dividend Aristocrats FMC Weighted |
| Invesco S&P International Developed Dividend Aristocrats ESG Index ETF (CAD Units) | S&P International Developed Ex-North America & Korea ESG Dividend Aristocrats FMC Weighted |
| Invesco S&P International Developed Dividend Aristocrats ESG Index ETF (CAD Hedged Units) | S&P International Developed Ex-North America & Korea ESG Dividend Aristocrats FMC Weighted |
