Invesco adds to currency-hedged Canadian ETF lineup

By Staff | February 13, 2019 | Last updated on February 13, 2019
1 min read

Toronto-based Invesco Canada Ltd. announced Wednesday the launch of a new Canadian-dollar-hedged series for its Invesco S&P International Developed Low Volatility Index ETF (ILV.F).

The initial offering has closed, and ILV.F began trading on the TSX today.

Investors can now choose to invest in the ETF on a CAD-unhedged (ILV) or CAD-hedged (ILV.F) basis, Invesco says in a news release.

The ETF seeks to replicate the performance of the S&P EPAC Ex. Korea Low Volatility Index. It invests primarily in low-volatility equity securities of companies in developed markets in the Europe and Asia-Pacific regions, excluding Korea.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.