Alternative Investments/ESG: iShares Launches ESG Corporate Bond ETF

https://dailyalts.com/wp-content/uploads/2021/11/industry-gf3f6431e4_640.jpg

The fund manager has expanded its range of sustainable products with the launch of new fixed income and low volatility ETFs.

On Wednesday, iShares launched the iShares ESG Advanced Investment Grade Corporate Bond ETF (ELQD), which tracks the iBoxx MSCI ESG Advanced USD Liquid Investment Grade Index and carries an expense ratio of 0.18%. (ETF Database)

Earlier, on November 4, the firm had launched the iShares ESG MSCI USA Min Vol Factor ETF (ESMV), which we wrote about here.

“We are proud to further expand our line-up today with ESG factor and fixed income funds. These funds further enable our clients to build strong portfolios customized to their sustainable goals and navigate the transition to a low carbon economy,” said Carolyn Weinberg, global head of product of the iShares and Index Investment business at BlackRock. “We believe sustainable characteristics are consequential to risk and return. Our sustainable ETF platform aims to democratize sustainable investing and provide choice to our clients in their pursuit to invest with a focus on companies who score well in environmental, social, and governance assessments. iShares globally has grown our ETF and index fund product suite from 35 in 2018 to 175 today.”

iShares ESG Advanced Investment Grade Corporate Bond ETF (ELQD)

The new fixed income ETF provides investors with exposure to investment-grade corporate bonds with climate-based screens and other ESG considerations such as issuers with average or above average ESG ratings relative to their sector peers.

It employs 14 different index screens designed to remove exposure to business activities such as fossil fuels, civilian firearms, and gambling.

Related Story: iShares Launches ESG ETF For Low Volatility Large And Mid-cap Stocks

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2022/05/Flowcarbon-grab-merged.jpg
Venture Capital/ESG: Adam Neumann Co-Founded Flowcarbon Raises $70M Via VC Funding And Token Sale

Flowcarbon, co-founded by Adam Neumann, known for WeWork, is a climate technology company seeking to formalize the market for carbon offsets on the blockchain. The startup announced Tuesday its $70…

https://dailyalts.com/wp-content/uploads/2022/05/Artists_impression_of_dust_formation_around_a_supernova_explosion-overlay.jpg
Digital Assets: The Terra (LUNA) Implosion – Sidelights
May 25, 2022     Digital Assets, Latest News, News

One hapless investor lost about 3 billion won ($2.4 million) in the LUNA and UST implosion earlier this month. A Korean social media personality going by the name of “Chancers”…

https://dailyalts.com/wp-content/uploads/2022/05/earthquake-g49825e696_640.jpg
Artificial Intelligence: AI Could Bring Us Fresh Insight Into Earthquakes
May 25, 2022     Artificial Intelligence, News

Scientists have long held the view that earthquakes are impossible to predict, being random events. But the potential for damage these natural events have, including the loss of life, have…

https://dailyalts.com/wp-content/uploads/2022/05/Africa-Blockchain-Report-Grab.jpg
Digital Assets: Swiss Venture Firm CV VC Launches African Blockchain Early-Stage Fund; Issues African Blockchain Report
May 24, 2022     Digital Assets, News, Venture Capital

CV VC announced Monday at Davos the launch of its African Blockchain Early-Stage Fund to bring the advantages of the blockchain and its own expertise to enable Africa to transact…