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