While the planet continues to sizzle, Invesco is counting on investors to stay cool — and keep their money in its latest climate-driven fund. On Wednesday, the asset manager rolled out the Invesco Global Equity Net Zero ETF (NYSE:IQSZ), an actively managed ETF designed to provide long-term return while helping create a net-zero carbon world.
Unlike passive ESG trackers that wrap their arms around an index and hope for the best, IQSZ gets its hands dirty. The fund invests globally in at least three countries, including emerging markets, and applies a proprietary evaluation to identify companies making significant strides toward achieving net-zero carbon emissions. That means both companies are already doing their climate math as well as those on a serious path to cleaner operations.
