Invesco’s New Climate ETF Launched With Funding From Finnish Pension Insurer
July 09, 2024 at 12:01 PM EDT
Invesco launched a global climate ETF with significant funding from Finnish pension Insurer Varma. The Invesco MSCI Global Climate 500 ETF (KLMT) began trading on the NYSE on June 27 with a $1.6 billion initial investment from Varma. The substantial funding from Varma demonstrates a commitment to KLMT, ensuring its initial liquidity and market credibility. KLMT [...] The post Invesco’s New Climate ETF Launched With Funding From Finnish Pension Insurer appeared first on ETF Trends .