Overview
Description
The Invesco MSCI Catholic Principles Fund is an exchange-traded fund (ETF) designed to reflect investment guidelines aligned with Catholic values. It accomplishes this by tracking the MSCI Catholic Principles Index, which screens for companies that comply with moral and ethical criteria as established by the U.S. Conference of Catholic Bishops. The fund aims to integrate social responsibility into financial decisions, making it a notable choice for faith-based investors.
This financial asset primarily impacts sectors such as healthcare, technology, and consumer goods, as it screens and filters holdings to ensure compliance with Catholic principles. It excludes companies involved in activities that contravene these principles, such as abortion, contraceptives, and weapons manufacturing.
In the financial market, the Invesco MSCI Catholic Principles Fund plays a significant role in catering to the growing demographic of socially conscious investors, offering a unique investment avenue that aligns with their values. It stands as an example of how financial innovation can accommodate diverse ethical considerations, thereby broadening the scope of investment strategies.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR