QQMG Profile
The Invesco ESG NASDAQ 100 ETF is an actively managed fund aimed at providing investment returns aligned with environmental, social, and governance (ESG) criteria. Under normal market conditions, the fund invests at least 90% of its total assets in the securities that are part of its underlying index. This index is designed to track the performance of companies within the Nasdaq-100 Index that meet specific ESG standards set by the index provider.
The Nasdaq-100 Index, the parent index of this ETF, comprises 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market LLC, selected based on market capitalization. By focusing on the subset of this index that adheres to ESG criteria, the fund aims to provide investors with exposure to high-growth, leading technology and innovation companies, while also aligning with responsible investment practices.
The underlying index applies a set of ESG filters to identify and include companies that demonstrate strong performance in areas such as sustainability, corporate governance, and social responsibility. This approach ensures that the fund not only seeks to achieve capital appreciation but also supports companies that are committed to ethical practices and sustainability goals.
Being a non-diversified fund, the Invesco ESG NASDAQ 100 ETF may have concentrated exposure to fewer sectors or companies compared to more broadly diversified funds. Investors should consider this concentration risk and how it fits with their overall investment strategy. The funds ESG focus provides a dual benefit of capital growth potential while supporting corporate responsibility initiatives.
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