golden steps leading up, made of stacks of dollar coins in increasing height
© ieva / 123RF Stock Photo

Toronto-based Invesco Canada Ltd. announced Wednesday the launch of a new Canadian-dollar-hedged series for its Invesco S&P International Developed Low Volatility Index ETF (ILV.F).

The initial offering has closed, and ILV.F began trading on the TSX today.

Investors can now choose to invest in the ETF on a CAD-unhedged (ILV) or CAD-hedged (ILV.F) basis, Invesco says in a news release.

The ETF seeks to replicate the performance of the S&P EPAC Ex. Korea Low Volatility Index. It invests primarily in low-volatility equity securities of companies in developed markets in the Europe and Asia-Pacific regions, excluding Korea.