Help us shape the future of Invesco QQQ!

We’re excited to invite you to help modernize the Invesco QQQ ETF. As a valued shareholder, your vote is crucial as we propose upgrading QQQ from its current trust structure to a more flexible, open-ended ETF—delivering even more value to you. You may have already heard from our third-party proxy solicitor, Sodali, regarding this important vote. If you haven’t yet responded, we encourage you to participate and make your voice heard.

Transcript

Hello, I’m Brian Hartigan, Global Head of ETFs and Index Investments at Invesco.

If you’re an Invesco QQQ investor, you may be aware that Invesco is seeking shareholder approval to make important changes and enhancements to the Invesco QQQ ETF.  As part of this process, you and your clients might be receiving calls or emails to seek votes and discuss the ways in which the proposals will modernize Invesco QQQ, while lowering its expense ratio.

These communications are on behalf of Invesco QQQ, and they’re designed to help you participate in the upcoming proxy vote.

What does this mean for shareholders?

  • Lower expense ratio: The QQQ expense ratio will decrease from twenty basis points to eighteen basis points, which is a 10% reduction.  We estimate this will result in annual shareholder savings of seventy million dollars annually at current asset levels, as of July 1, 2025.
  • Enhanced reporting and oversight: Enjoy greater transparency with semi-annual reports, Board oversight, and summary prospectuses.
  • No tax impact: The reclassification will not result in any tax consequences for shareholders.

What’s not changing?

  • Investment objective: QQQ will continue to track the Nasdaq-100® Index.
  • Management team: The same managers and operational team will remain in place.

The voting period is open now, so please respond as soon as possible to ensure your voice is heard.

 If you receive a call or email, please take a moment to review the information and cast your vote. Thank you for your continued trust in Invesco QQQ.

Proxy vote explained

Brian Hartigan, Global Head of ETFs at Invesco, breaks down the current proxy proposal, what it means for shareholders, and how you can vote.

Vote Now

Why vote? Here’s what’s in it for you:

  • Lower costs: Enjoy a reduced expense ratio—dropping from 0.20% to just 0.18%. That means more of your investment working for you.
  • Greater transparency: Benefit from enhanced reporting, including semi-annual updates, increased Board oversight, and easy-to-read summary prospectuses.
  • No tax surprises: This change will not trigger any tax consequences for you as a shareholder.

What stays the same?

  • Same index, same team: QQQ will continue to track the Nasdaq-100® Index, managed by the same experienced team you trust.

Are you a QQQ shareholder? Make your voice heard!

Cast your vote by October 23, 2025. You’ll need your control number, which you can find on your proxy card received via mail or email. If you need assistance, our proxy solicitor, Sodali, is ready to help at 800-886-4839 (Monday–Friday, 10:00 AM–11:00 PM; Saturday, 12:00–5:00 PM ET).

Once you vote, you won’t receive any more reminders—so act now!

Vote Now Opens in a new tab

Want to learn more?

Questions about Invesco QQQ ETF?

If you have general questions about Invesco QQQ or ETFs, we are here to help.

Call 1-800-983-0903

Invesco Distributors, Inc., ETF distributor, and Invesco Capital Management LLC, ETF sponsor, do not provide financial advisory services or tax advice. Investors should consult a financial professional before making any investment decisions.  Investors should also consult their own tax professionals for information regarding their own tax situations. This content is for informational purposes only and should not be construed as legal, tax, investment, financial, or other advice; nor should it be construed as a solicitation, recommendation, endorsement, or offer for any investment strategy or product for a particular investor.

Not a Deposit |  Not FDIC Insured  |  Not Guaranteed by the Bank  |  May Lose Value  |  Not Insured by any Federal Government Agency

The Nasdaq-100® Index comprises the 100 largest non-financial companies traded on the Nasdaq. An investor cannot invest directly in an index.

Shares are not individually redeemable and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000 Shares.

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, QQQ's sponsor. 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.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information about the Invesco QQQ, a unit investment trust, please visit invesco.com/fundprospectus. Please read the prospectus carefully before investing.

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