Invesco has launched a new thematic equity ETF in Europe providing exposure to companies that are driving innovation in clean energy technologies.
Gary Buxton, Head of EMEA ETFs at Invesco.
The
London Stock Exchange in US dollars (
GCLE LN) and pound sterling (
GCLX LN) and comes with an expense ratio of 0.60%.
The fund is linked to the
WilderHill New Energy Global Innovation Index from California-based
WilderHill, a specialist provider of sustainable indices related to the clean energy and clean ocean investment themes.
WilderHill is known for developing some of the first benchmarks in the alternative energy segment. Its flagship index, the North America-focused
<p><span>The Invesco Elwood Global Blockchain UCITS ETF has surpassed US$1 billion in assets under management, following incredibly strong performance and broad inflows throughout 2020 and into 2021. In the 12 months to the end of January 2021, the ETF has returned 104.3%.</span></p>
Invesco launches first municipal bond ETF in Europe with eye on income investors Munis offer lower default rates than US investment grade credit
Invesco s Gary Buxton
Invesco has launched the first ETF in Europe providing exposure to taxable municipal bonds, an asset class that which has been difficult for investors to access , according to the firm.
The Invesco US Municipal Bond UCITS ETF will provide investors with higher yields than are generally available from the US investment grade credit market without taking on additional credit risk, Invesco.
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Invesco Launches Europeâs First ETF For Exposure To Taxable Municipal Bonds Date
16/02/2021
Today’s launch of the Invesco US Municipal Bond UCITS ETF provides income-starved investors an opportunity for higher yields than are generally available from the US investment grade credit market without taking on additional credit risk. The ETF is the first of its kind in Europe.
Gary Buxton, Head of EMEA ETFs and Indexed Strategies at Invesco, said: “We are pleased to be bringing the first municipal bond ETF to the European market. This launch opens the door to an asset class that until now has been difficult for investors to access. Municipal bonds, or ‘munis’ for short, offer higher yields, better average credit ratings and much lower default rates than US investment grade credit
Invesco launches first-of-a-kind ETF in Europe
Invesco has launched an ETF investing in taxable municipal bonds issued by US local governments.
Listed in London, the Invesco US Municipal Bond Ucits ETF provides generally higher yields than are available from US investment grade corporate bonds without taking as much risk, the firm said.
The index the ETF tracks - the ICE BofA US Taxable Municipal Securities Plus Index - is currently yielding around 0.30% more than the typical US investment grade credit benchmark, while offering higher credit quality, said Invesco, adding that the ETF is the first of its kind in Europe.