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LOWC (SPDR MSCI ACWI Climate Paris Aligned ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Investors continue to pump money into ESG-themed funds even after the market faced its worst slump since 1970. Bloomberg is reporting that investors last week put more than $1.2 billion into ESG-focused ETFs.
One is a reorganization of ‘LOWC,' the other a fresh fund.
The SPDR MSCI ACWI Low Carbon Target ETF (LOWC) is heading for some big changes, and those alterations could arrive as soon as Friday, April 22. As was previously announced, State Street Global Advisors (SSGA) is reconfiguring LOWC into the SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC).
The revised ETF will take a more differentiated angle.
Climate funds, a burgeoning subsector of the broader environmental, social, and governance (ESG) space, are attracting more assets and attention from investors. Over time, that should be positive for exchange traded funds such as the SPDR MSCI ACWI Low Carbon Target ETF (LOWC).
Global regulators are pushing for banks and institutional investors to disclose carbon emissions linked to their loans and investments. On Thursday, the International Sustainability Standards Board published a draft of its proposed standards, which provide a yardstick for regulators around the globe to use for imposing standardized disclosure rules on companies.
Russia's war against Ukraine is reminding governments and investors about the importance of energy security as a pillar of broader national security objectives. The conflict is also serving as an avenue to spotlight the importance of renewable energy and decarbonization efforts as central themes in countries' plans to bolster energy security.
Russia's instigated war with Ukraine is putting energy security in the spotlight for a number of nations, including the U.S. and many throughout Europe. There are multiple points of view emerging.