Cboe Global Markets, Inc. (BATS:CBOE) and recently acquired NEO have launched a suite of women-led sustainability ETFs in both the United States and Canada.
The Emerge EMPWR ETF Kit will trade on both Cboe Exchange BZX in the US and NEO Exchange in Canada. In addition, the new funds will be managed by Emerge Capital Management Inc., and Canadian funds managed by Emerge Canada Inc. manage.
Here is a list of the five ETFs being announced:
EMPWR Emerging EMPWR Dividend Sustainability ETF (I SING), EMPWR Global Sustainability Emerging ETF (EMZA), EMPWR Sustainable Emerging Markets Equity ETF (EMCH), the Emerging EMPWR Unified Sustainable Equity ETF (EMPW) and the Emerging EMPWR Sustainable Selective Growth Equity ETF (EMGC).
Lisa Langley, CEO and President of Emerge, said: “Today marks a special occasion for our organization as we showcase the incredible talent and hard work of our managers. manage our all-star female portfolio with the launch of our first sustainable ETF strategies.”
Additionally, all five funds are actively managed and tied to an expense ratio of 0.80%.
In broader market news, major market averages were higher on Thursday as the ECB raised rates by 75 basis points and Fed Chair Powell continues his hawkish rhetoric.