ETF TMI: BlackRock's Global Impact ETF; New Online Retail ETF

Got a case of TMI (Too Much Information)? ETF Trends takes a condensed look at latest ETF launches and happenings…

BlackRock introduces iShares Sustainable MSCI Global Impact ETF

BlackRock has expanded its suite of socially responsible ETFs with the launch of the iShares Sustainable MSCI Global Impact ETF (MPCT).

Launched today on Earth Day, the fund aims to help investors use their investment portfolios to target companies that enable positive social and environmental change.

Its launch further illustrates BlackRock’s commitment to creating innovative investment solutions, empowering investors to align their portfolios with their values.

The iShares Sustainable MSCI Global Impact ETF seeks to track the investment results of the MSCI ACWI Sustainable Impact Index, a new index constructed by MSCI.

The index is comprised of companies that derive a majority of their revenue from products and services that address at least one of the world’s major social and environmental challenges, as identified by the United Nations Sustainable Development Goals. Some of the impact themes targeted in this index include energy efficiency, sustainable water, sanitation, nutrition, and education.

Amplify ETFs Launch Online Retail ETF

Amplify ETFs, a firm founded in 2015 by ETF industry veteran Christian Magoon, announces the debut of the Amplify Online Retail ETF (NASDAQ: IBUY).

Capturing a growing segment of the retail and consumer discretionary market, the fund holds a basket of companies from around the world that generate the majority of revenue from online and virtual sales. Companies in the IBUY portfolio fall into three online retail categories: marketplace, traditional retail and travel.