BlackRock has launched three exchange-traded funds (ETFs) that the firm says will combine factor investing with sustainability.
The minimum volatility Ucits iShares funds are designed to deliver an improved ESG profile and reduced carbon exposure while achieving market-like returns with less risk.
Each of the three funds is benchmarked to MSCI Minimum Volatility ESG Reduced Carbon Target Indices, with a global, Europe and US focus respectively.
Stephen Cohen, head of iShares for Emea at BlackRock, said: “As investors take stock of their tactical and strategic positioning, ETFs are playing a central role in portfolios that are increasingly tilted towards ESG criteria.
“We have seen record growth in our sustainable suite, and we remain focused on building the most comprehensive, innovative set of ESG ETFs to meet and anticipate the needs of investors.”
© 2020 funds europe
