Invesco launches four new ETFs on the LSE

Invesco launches today four new ETFs on the London Stock Exchange

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By ETFWorld.co.uk

Chris Mellor, Head of EMEA Equity ETF Product Management at Invesco

The Invesco NASDAQ-100 Equal Weight UCITS ETF Acc aims to achieve the net total return performance of the NASDAQ-100 Equal Weighted Index, less the impact of fees.

The Reference Index is an equal-weighted version of the NASDAQ-100 Index, which measures the performance of the 100 largest non-financial companies listed on the Nasdaq stock market. The Reference Index is constructed from the Parent Index by including the same constituent securities of the Parent Index but equally weighting issuers at each quarterly rebalancing date, rather than weighting them by their market capitalisation.

The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the Reference Index in their respective weightings. The fund will aim to rebalance its holdings whenever the Reference Index is rebalanced.

This ETF is passively managed.

The Invesco Dow Jones US Insurance UCITS ETF Acc aims to achieve the net total return performance of the Dow Jones U.S. Select Insurance Index, less the impact of fees.

The Reference Index is a market-capitalisation weighted index that represents the performance of large, mid and small-capitalisation insurance companies in the US market. The Reference Index is constructed from the Dow Jones U.S. Broad Stock Market Index by using the Index Provider’s criteria to include securities that are classified as Full Line Insurance, Property & Casualty Insurance and Life Insurance companies according to the S&P Dow Jones Industry Classification System. Securities must also have a float-adjusted market capitalisation of at least USD500 million to enter the Reference Index and at least USD250 million to remain in the Reference Index.

The fund aims to achieve its objective by buying and holding, as far as possible and practical, all the securities in the Reference Index in their respective weightings. The fund will aim to rebalance its holdings in line with changes to the Reference Index, which is rebalanced on a quarterly basis.

This ETF is passively managed.

Source: ETFWorld.co.uk