American Century Releases Active ESG ETFs ‘ESGA’, ‘MID’
July 15, 2020 at 18:00 PM EDT
On Wednesday, American Century Investments today launched two active ESG ETFs utilizing the New York Stock Exchange (NYSE) AMSSM (Actively Managed SolutionSM) to provide additional choices for investors seeking actively-managed Environmental, Social and Governance (ESG) strategies in a lower-cost ETF vehicle. This is the first-time use of the new active ETF structure. Geared to financial professionals, the American Century Sustainable Equity ETF (ESGA) and the American Century Mid Cap Growth Impact ETF (MID), will use the global asset manager’s time-tested stock selection processes with an ESG overlay.