Fact sheet
An overview of the index complete with strategy highlights and performance information
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The index provides access to innovation-oriented companies combined with responsive volatility management that seeks to mitigate wild swings in the market. All delivered in a single, comprehensive package.
Equity exposure via Invesco QQQ Exchange-traded fund (ETF) is designed to track the Nasdaq-100 Index®.
A targeted volatility of 15% annually seeks to help smooth the index performance profile.
Equity and cash allocations are adjusted daily seeking to deliver strong risk-adjusted returns over time.
The centerpiece of the Invesco QQQ 15 Index is the Invesco QQQ exchange traded fund (ETF). The fund is designed to track the Nasdaq-100 Index®, providing investors access to some of the most cutting-edge and innovative companies in the world.
To help deliver a smoother performance profile over time, the Index’s exposure to equities and cash is adjusted daily with the aim to achieve a target volatility of 15% annually. In periods of high volatility, it may be possible for the index to be comprised heavily or fully of cash, which may persist as volatility is elevated. Due to excess return index construction, cash allocations in the index are non-remunerated.1
An overview of the index complete with strategy highlights and performance information
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Rules and guidelines followed to build and maintain the index
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Illustrates key facts and features of the index
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Forward-looking statements are not guarantees of future results. They involve risks, uncertainties and assumptions. There can be no assurance that actual results will not differ materially from expectations.
Diversification/asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns and does not assure a profit or protect against loss.
There is no guarantee the 15% volatility target will be achieved.
In general, equity values fluctuate, sometimes widely, in response to activities specific to the company as well as general market, economic and political conditions.
Investments focused in a particular sector, such as technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
There is no assurance that the index discussed in this material will achieve their investment objectives.
Holding cash or cash equivalents may negatively affect performance.
This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult a financial professional before making any investment decisions.
Invesco Indexing LLC is the benchmark sponsor of the index and is an indirect, wholly owned subsidiary of Invesco Ltd. The group is legally, technologically, and physically separate from other business units of Invesco, including the various global investment centers.
Solactive AG (“Solactive”) is the calculation agent and the administrator in accordance with the Principles for Financial Benchmarks published by the International Organization of Securities Commissions in July 2013 of Invesco QQQ 15 Index (the “Index”). The financial instrument that is referencing the Index is not sponsored, endorsed, promoted, sold or supported by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. Solactive does not guarantee the accuracy and/or the completeness of the Index and shall not have any liability for any errors or omissions with respect thereto.
The information and data provided is for informational purposes only and is compiled from sources believed to be reliable; however, accuracy, completeness, timeliness, or continued availability cannot be guaranteed. All information is provided “as is,” without warranty of any kind, and may include data or content supplied by third parties over whom Invesco has no control and which has not been independently verified. Invesco and its affiliates are not responsible or liable for any calculations, errors, or omissions related to third‑party content, data, benchmarks, or index components.
Important Information about Nasdaq®
Nasdaq®, QQQ, and Nasdaq-100® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Invesco Indexing LLC. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
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