Description

The Invesco NASDAQ Next Generation 100 UCITS ETF Acc aims to provide the net total return performance of the NASDAQ Next Generation 100 Index (the “Reference Index”), less the impact of fees. The Reference Index is designed to reflect the performance of the next generation of NASDAQ-listed non-financial companies; that is, the largest 100 NASDAQ-listed companies outside of the NASDAQ-100 Index based on market capitalisation. This middle tier of the NASDAQ stock market includes the securities of US domestic and international companies, representing some of the most innovative names from a diverse range of sectors, including technology, health care, communication services, consumer discretionary and industrials. Financial companies including investment companies are excluded. The Reference Index rebalances quarterly. 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. An investment in this fund is an acquisition of units in a passively managed, index tracking fund rather than in the underlying assets owned by the fund.