IndexIQ has launched three new thematic ESG ETF funds as part of the firm’s Dual Impact family of thematic investment strategies.
The new funds are: IQ Engender Equality ETF (NYSE Ticker: EQUL), IQ Clean Oceans ETF (NYSE Ticker: OCEN), and IQ Cleaner Transport ETF (NYSE Ticker: CLNR)
The IQ Engender Equality ETF has been developed using analysis from Equileap, the leading provider of gender equality data, EQUL is designed to offer investors exposure to companies that have demonstrated a commitment to gender equality. Contributions will be made to Girls Who Code, a leading nonprofit dedicated to closing the gender gap in technology, on an ongoing basis.
The IQ Cleaner Transport ETF is developed in alignment with the National Wildlife Federation, the largest conservation organization in the U.S., CLNR provides exposure to select global companies that support the transition to more environmentally efficient transportation technologies, such as electric vehicles, bicycles, motor vehicle parts manufacturers, and multi-passenger transportation.
The IQ Clean Oceans ETF has been developed in alignment with Oceana, the largest international advocacy organization focused solely on ocean conservation, OCEN offers exposure to global companies that help to protect and/or achieve a cleaner ocean through reduced pollution and increased resource efficiency.
OCEN and CLNR’s underlying indexes were both developed in collaboration with Candriam. EQUL is developed in collaboration with Equileap and Solactive.