What does Invesco S&P Global Water Index ETF do?
Invesco S&P Global Water Index ETF (NYSE:CGW) is an exchange-traded fund that focuses on providing investment results that correspond generally to the performance of the S&P Global Water Index. This ETF is designed to track the performance of companies worldwide that are involved in water-related activities, including water utilities, infrastructure, equipment, and materials. It offers investors exposure to a diverse range of firms contributing to the availability, purification, and management of water. The objective is to invest in companies poised for growth within the global water sector, thus providing a thematic investment vehicle for those looking to support and profit from water-related sustainability efforts. CGW aims to offer both returns and a way for investors to participate in the critical and expanding market of water resources and technology.