ATLANTA, Oct. 27, 2021 /PRNewswire/ -- Invesco Ltd.
(NYSE: IVZ), a leading global asset management firm, announced
today the expansion of the Invesco QQQ Innovation Suite with the
introduction of two new Environmental, Social and Governance (ESG)
ETF offerings. The launch of Invesco ESG NASDAQ 100 ETF
(QQMG) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG)
advances the firm's goal of offering investors the benefit of
personalizing their exposure to the innovative companies listed on
The Nasdaq Stock Market.
The Invesco QQQ Innovation Suite now includes six different
investment structures that complement Invesco QQQ:
- Invesco ESG NASDAQ 100 ETF (QQMG)
- Invesco ESG NASDAQ Next Gen 100 ETF (QQJG)
- Invesco NASDAQ 100 ETF (QQQM)
- Invesco NASDAQ Next Gen 100 ETF (QQQJ)
- Invesco NASDAQ 100 Index Fund (IVNQX – R6
Shares1)
- Invesco NASDAQ-100 Growth Leaders Portfolio (QQQG)
"Invesco has been fortunate to work in lockstep with Nasdaq for
almost two decades, finding beneficial ways to offer investors all
over the globe access to Nasdaq-listed companies," said
Anna Paglia, Global Head of ETFs
& Indexed Strategies, Invesco. "Today's launch will mark our
continued collaboration. We are confident that the new Invesco QQMG
and QQJG ETFs will bridge innovation and ESG to offer every type of
investor a unique way to help meet their desired investment
outcomes."
Just over one year ago, the Invesco QQQ Innovation Suite
reconceptualized access to innovation with the launch of QQQM and
QQQJ, which track the performance of the Nasdaq-100
Index® and the Nasdaq Next Generation 100 Index™,
respectively. To date, the QQQ Innovation Suite has enabled
investors to tilt their investment exposure towards precise
attributes that best suit their investment goals while still
capturing category-defining companies, with a known legacy of
innovating in their respective markets, represented in Invesco QQQ.
This personalized exposure has resonated with investors, and
together QQQM and QQQJ have gathered $3.4
Billion in AUM in one year.2
Through the launch of QQMG and QQJG, which track the performance
of the Nasdaq-100 ESG Index® and the Nasdaq Next
Generation 100 ESG Index™, respectively, Invesco
expands this exposure to ESG, by giving investors the option to
access to the same companies as QQQM and QQQJ, but with a tilt
towards ESG-related values. While the original composition of both
the Nasdaq-100 Index® and the Nasdaq Next Generation 100
Index™ was already predisposed to companies favorable to ESG, the
Nasdaq-100 ESG Index™ and Nasdaq Next Generation 100 ESG Index™
both include additional layers of ESG analysis. In constructing
these ESG indexes, Nasdaq filters constituent companies through a
robust set of ESG criteria utilizing Sustainalytics' market leading
ESG data. The indexes adjust constituent company weightings based
on how effectively the companies are managing ESG risk, more
favorably weighing companies with low ESG risk scores, and
excluding companies with high ESG risk scores. In applying this
methodology, every company remaining in the indexes is reweighted
in consideration of its ESG risk score; only six companies in the
Nasdaq-100 Index did not qualify for inclusion in the Nasdaq-100
ESG Index, and 10 companies in the Nasdaq Next Generation 100 Index
did not qualify for inclusion in the Nasdaq Next Generation 100 ESG
Index.3
"The interest in integrating ESG considerations into investment
portfolios is on the rise globally. We are pleased to work with
Invesco to introduce a refined and ESG-friendly version of one of
the world's most preeminent benchmarks," said Lauren Dillard, Executive Vice President and
Head of Investment Intelligence, Nasdaq. "The strength of
Nasdaq-100 Index underscores the innovation and transformative
changes of the companies within their respective industries. Our
partnership with Invesco continues to expand the suite of
Nasdaq-100 and other Nasdaq index-based products to provide
investors with optionality that can meet their preferences and help
achieve investment goals."
Since its inception over 35 years ago, the Nasdaq-100 Index has
become the world's preeminent large-cap growth
index.4 Although the Nasdaq-100 Index is most
closely connected with the technology sector, approximately 50% of
the index constituents come from other sectors and
industries.5 However, many of the companies in the
Nasdaq-100 Index, regardless of their sectors, consistently have a
higher dollar spend on research & development.6 For
this reason, they are often well positioned to capitalize on
transformative, long-term themes in the marketplace, such as the
technology driving clean energy and sustainable resources.
1Class R6 shares are primarily intended for
retirement plans and shareholders of omnibus intermediaries that
meet certain standards and for institutional investors. See the
Fund's prospectus for more information
2 Bloomberg L.P, as of October 13, 2021
3 As of the most recent quarterly rebalancing on
June 21, 2021
4 There are more than 490 products tied to the
Nasdaq-100 globally, including ETFs, Options, Annuities, Futures
and more as of September 30,
2021.
5 Bloomberg L.P., The technology sector makes up
48.3% of the Nasdaq-100 Index as of September 30, 2021.
6Bloomberg L.P, Nasdaq-100 companies Research &
Development reinvestment rate is 9.8% as compared to 7.3% by
S&P 500 companies as of April 5,
2021.
About Invesco Ltd.
Invesco Ltd. is a global
independent investment management firm dedicated to delivering an
investment experience that helps people get more out of life. Our
distinctive investment teams deliver a comprehensive range of
active, passive and alternative investment capabilities. With
offices in more than 20 countries, Invesco managed $1.5
trillion in assets on behalf of clients worldwide as
of September 30, 2021. For more information,
visit www.invesco.com.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global
technology company serving the capital markets and other
industries. Our diverse offering of data, analytics, software and
services enables clients to optimize and execute their business
vision with confidence. To learn more about the company, technology
solutions and career opportunities, visit us on LinkedIn, on
Twitter @Nasdaq, or at www.nasdaq.com.
About Risk:
ETFs:
There are risks involved with investing in ETFs, including
possible loss of money. Shares are not actively managed and are
subject to risks similar to those of stocks, including those
regarding short selling and margin maintenance requirements.
Ordinary brokerage commissions apply. The Fund's return may not
match the return of the Underlying Index. The Fund is subject to
certain other risks. Please see the current prospectus for more
information regarding the risk associated with an investment in the
Fund.
The Nasdaq-100 Index is designed to measure the performance
of the 100 of the largest domestic and international non-financial
securities listed on The Nasdaq Stock Market based on market
capitalization. The index was launched on January 31,1985.
The NASDAQ Next Generation 100 Index® is designed to measure the
performance of the next generation of Nasdaq-listed non-financial
companies; that is, the largest 100 securities outside of the
NASDAQ-100 Index®. The Index began on August
24, 2020 at a base value of 1000.00.
The Nasdaq-100 ESG Index is designed to measure the performance
of the companies in the Nasdaq-100 Index that meet specific ESG
criteria. Companies are evaluated and weighted on the basis of
their business activities, business controversy levels and ESG risk
ratings, and adherence to the principles of the United Nations
Global Compact. The Index was launched on June 21, 2021.
The Nasdaq Next Generation 100 ESG Index is designed to measure
the performance of the companies in the Nasdaq Next Generation 100
Index that meet specific ESG criteria. Companies are evaluated and
weighted on the basis of their business activities, business
controversy levels and ESG risk ratings, and adherence to the
principles of the United Nations Global Compact. The Index was
launched on July 22, 2021.
Investments focused in a particular sector, such as information
technology, are subject to greater risk, and are more greatly
impacted by market volatility, than more diversified
investments.
Stocks of companies with favorable ESG attributes may
underperform the market as a whole. As a result, the Fund may
underperform other funds that do not screen companies based on ESG
attributes. The criteria used to select companies for investment
may result in the Fund investing in securities, industries or
sectors that underperform the market as a whole or underperform
other funds screened for ESG standards.
The Fund is non-diversified and may experience greater
volatility than a more diversified investment.
The risks of investing in securities of foreign issuers can
include fluctuations in foreign currencies, political and economic
instability, and foreign taxation issues.
Before investing, investors should carefully read the
prospectus/summary prospectus and carefully consider the investment
objectives, risks, charges and expenses. For this and more complete
information about the Fund call 800 983 0903 or visit invesco.com
for the prospectus/summary prospectus.
Invesco Distributors, Inc. is not affiliated with Nasdaq.
Invesco Distributors, Inc. is the US distributor for Invesco's
retail products, and is an indirect, wholly owned subsidiary of
Invesco Ltd.
The sponsor of the Invesco QQQ TrustSM, Series 1
(QQQ), a unit investment trust, is Invesco Capital Management LLC
(Invesco). NASDAQ, Nasdaq-100 Index, Nasdaq-100 Index Tracking
Stock and QQQ are trade/service marks of The Nasdaq Stock Market,
Inc. and have been licensed for use by Invesco. NASDAQ makes no
representation regarding the advisability of investing in QQQ and
makes no warranty and bears no liability with respect to QQQ, the
Nasdaq-100 Index, its use or any data included therein.
The Invesco NASDAQ 100 ETF, Invesco NASDAQ Next Gen 100 ETF,
Invesco NASDAQ 100 Index Fund, Invesco NASDAQ-100 Growth Leaders
Portfolio, Invesco ESG NASDAQ 100 ETF and Invesco ESG NASDAQ Next
Gen 100 ETF are not sponsored, endorsed, sold or promoted by the
NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX Group, Inc.,
with its affiliates, are referred to as the "Corporations"). The
Corporations have no liability in connection with the
administration, marketing or trading of Invesco NASDAQ 100 ETF,
Invesco NASDAQ Next Gen 100 ETF, Invesco NASDAQ 100 Index Fund,
Invesco NASDAQ-100 Growth Leaders Portfolio, Invesco ESG NASDAQ 100
ETF and Invesco ESG NASDAQ Next Gen 100 ETF. "NASDAQ®" is a
registered trademark and is used under license
Contact: Stephanie Diiorio,
stephanie.diiorio@invesco.com 212.278.9037
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SOURCE Invesco Ltd.