KLMT

Invesco MSCI Global Climate 500 ETF

$30.55

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Invesco MSCI Global Climate 500 ETF seeks to track the investment results of an index composed of 500 large- and mid-cap companies that are leaders in mitigating climate change.

Overview

ETF tracking Invesco MSCI Global Climate 500 ETF

Category International

Issuer Invesco

Inception Date 2024-06-26

Market Cap $1.4B

Average Volume N/A

Dividend Yield 1.75%

52-Week Range $22.86 - $31.31

VWAP $30.46

Performance

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Investment Summary

📎 Investment Objective

The Invesco MSCI Global Climate 500 ETF seeks to track the investment results of an index composed of 500 large- and mid-cap companies that are leaders in mitigating climate change.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to replicate the performance of the MSCI ACWI Climate Change Index. The index selects companies based on their ability to manage climate change-related risks and opportunities.

✨ Key Features

Broad global exposure to companies focused on climate change mitigation
Passively managed to track the MSCI ACWI Climate Change Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific thematic index
Potential volatility as climate change-related policies and technologies evolve
Lack of long-term performance history to evaluate the fund's effectiveness
Currency risk for international holdings

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to companies actively addressing climate change, as part of a diversified portfolio. Investors should be comfortable with the risks associated with a thematic, passively managed fund.