Invesco S&P/TSX Canadian Dividend Aristocrats ESG Index ETF
Overview
ICAE invests primarily in equity securities of companies listed on the TSX that have followed a policy of increasing ordinary cash dividends in four of the past five years while not decreasing dividends in order to replicate the S&P/TSX Canadian ESG Dividend Aristocrats FMC Weighted Index. The ETF invests primarily in equity securities of companies listed on the TSX that have followed a policy of increasing ordinary cash dividends in four of the past five years while not decreasing dividends in order to replicate the S&P/TSX Canadian ESG Dividend Aristocrats FMC Weighted Index. The index is a broad-based FMC-weighted index that is designed to measure the performance of companies in the S&P/TSX Canadian Dividend Aristocrats Index (the broader index) that meet certain environmental, social and governance (ESG) criteria, while maintaining similar overall industry weights as the broader index.