PID Profile
The Invesco International Dividend Achievers ETF is an actively managed fund that aims to provide investors with exposure to high-quality dividend-paying international stocks. Under normal market conditions, the fund invests at least 90% of its total assets in securities that are components of its underlying index. This index focuses on companies that demonstrate a strong track record of paying dividends and are selected based on their ability to achieve consistent dividend payments.
The underlying index includes Global Depositary Receipts (GDRs) listed on the London Stock Exchange (LSE) or the London International Exchange, as well as American Depositary Receipts (ADRs) and non-U.S. common or ordinary stocks. It also encompasses limited partnership interests and shares of limited liability companies that are listed on the New York Stock Exchange (NYSE). This broad approach ensures the fund captures a diverse range of international dividend-paying entities.
By focusing on both GDRs and ADRs, the fund provides investors with access to a wide array of established international companies that meet its stringent dividend criteria. GDRs and ADRs represent shares of foreign companies that trade on U.S. and international exchanges, respectively, offering a mechanism for investing in international firms with the convenience of domestic trading.
The fund's strategy is designed to offer investors exposure to a portfolio of dividend achievers, which includes companies known for their robust dividend histories. This focus on dividends aims to provide a stable income stream while benefiting from the growth potential of international markets. The combination of GDRs, ADRs, and international stocks listed on major exchanges allows the fund to capture high-quality dividend payers across various global economies and sectors.
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