FYI: ("Build It And They Will Come")
State Street Global Advisors is set to launch the market’s first-ever low-carbon exchange-traded fund on Friday, according to a trader alert from exchange operator Bats Global Markets.
The ETF, called the SPDR MSCI ACWI Low Carbon Target ETF (ticker: LOWC), will arrange a basket of global stocks by their low carbon footprints, according to the ETF’s most recent filing with regulators. It follows a passive index to do so.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2014/11/26/state-street-to-debut-low-carbon-etf-on-friday/tab/print/
