Institutional

PSP

Alternative | Private Equity

Invesco Global Listed Private Equity ETF

Product Details

The Invesco Global Listed Private Equity ETF (Fund) is based on the Red Rocks Global Listed Private Equity Index (Index). The Fund will normally invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), that comprise the Index. The Index includes securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles whose principal business is to invest in, lend capital to or provide services to privately held companies (collectively, listed private equity companies). The Fund and the Index are rebalanced and reconstituted quarterly.

as of 12/31/2020 12/31/2020

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Red Rocks Global Listed Private Equity Index 13.61 13.61 9.89 13.07 10.42 N/A
MSCI AC World Index 16.25 16.25 10.06 12.26 9.13 6.61
Fund History (%)
Fund NAV 13.34 13.34 9.14 12.18 9.35 1.86
After Tax Held 10.32 10.32 6.83 9.75 6.97 -0.03
After Tax Sold 7.32 7.32 6.01 8.61 6.45 0.63
Fund Market Price 12.86 12.86 9.07 12.14 9.26 1.83
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Red Rocks Global Listed Private Equity Index 13.61 13.61 9.89 13.07 10.42 N/A
MSCI AC World Index 16.25 16.25 10.06 12.26 9.13 6.61
Fund History (%)
Fund NAV 13.34 13.34 9.14 12.18 9.35 1.86
After Tax Held 10.32 10.32 6.83 9.75 6.97 -0.03
After Tax Sold 7.32 7.32 6.01 8.61 6.45 0.63
Fund Market Price 12.86 12.86 9.07 12.14 9.26 1.83

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 09/30/2020

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2020. Fund performance shown at NAV.

Red Rocks Global Listed Private Equity Index* performance prior to 9/30/2009 reflects that of the original Underlying Index Red Rocks Capital Listed Private Equity Index. From 9/30/2009, forward, the Index performance reflects that of the Underlying Index Red Rocks Global Listed Private Equity Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 01/15/2021

Sector Allocation

Sector Percent of Fund
Financials 60.69%
Industrials 12.08%
Consumer Discretionary 11.26%
Investment Companies 9.18%
Communication Services 3.83%
Health Care 1.06%
Consumer Staples 0.93%
Information Technology 0.88%
Cash 0.06%
Derivatives 0.02%
as of 01/15/2021

Top Country Allocation

Country Percentage
United States 42.56%
United Kingdom 11.98%
Sweden 8.84%
Switzerland 6.31%
Australia 5.25%
Netherlands 4.92%
Guernsey 4.59%
Canada 3.53%
France 3.33%
Japan 1.96%
as of 01/14/2021

Market Cap & Style Allocations

Large-Cap Value 9.26%
Large-Cap Blend 7.15%
Large-Cap Growth 17.98%
Mid-Cap Value 2.35%
Mid-Cap Blend 7.12%
Mid-Cap Growth 23.46%
Small-Cap Value 21.31%
Small-Cap Blend 6.85%
Small-Cap Growth 4.52%

as of 01/15/2021 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
PGHN SW Partners Group Holding AG 5.35
WES Wesfarmers Ltd 5.25
PRX Prosus NV 4.92
TDG TransDigm Group Inc 4.81
AGPXX STIT - Government & Agency Portfolio 4.52
KKR KKR & Co Inc 4.43
BX Blackstone Group Inc/The 4.40
III LN 3i Group PLC 4.18
IAC IAC/InterActiveCorp 3.39
MRO LN Melrose Industries PLC 3.29
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
12/21/2020 12/22/2020 12/31/2020 0.18234 0.18234 - - - -
09/21/2020 09/22/2020 09/30/2020 0.11663 0.11663 - - - -
06/22/2020 06/23/2020 06/30/2020 0.12831 0.12831 - - - -
03/23/2020 03/24/2020 03/31/2020 0.20122 0.20122 - - - -
12/23/2019 12/24/2019 12/31/2019 0.36474 0.36474 - - - -
09/23/2019 09/24/2019 09/30/2019 0.22040 0.22040 - - - -
06/24/2019 06/25/2019 06/28/2019 0.16514 0.16514 - - - -
09/24/2018 09/25/2018 09/28/2018 0.27428 0.27428 - - - -
06/18/2018 06/19/2018 06/29/2018 0.10278 0.10278 - - - -
03/19/2018 03/20/2018 03/29/2018 0.30437 0.30437 - - - -
12/18/2017 12/19/2017 12/29/2017 0.36075 0.36075 - - - -
09/18/2017 09/19/2017 09/29/2017 0.44086 0.44086 - - - -
06/16/2017 06/20/2017 06/30/2017 0.34886 0.34886 - - - -
03/17/2017 03/21/2017 03/31/2017 0.11681 0.11681 - - - -
12/16/2016 12/20/2016 12/30/2016 0.10521 0.10521 - - - -
09/16/2016 09/20/2016 09/30/2016 0.20411 0.20411 - - - -
06/17/2016 06/21/2016 06/30/2016 0.03607 0.03607 - - - -
03/18/2016 03/22/2016 03/31/2016 0.11197 0.11197 - - - -
12/18/2015 12/22/2015 12/31/2015 0.04507 0.04507 - - - -
09/18/2015 09/22/2015 09/30/2015 - - - - - -
06/19/2015 06/23/2015 06/30/2015 0.41315 0.41315 - - - -
03/20/2015 03/24/2015 03/31/2015 0.19715 0.19715 - - - -
12/19/2014 12/23/2014 12/31/2014 0.25994 0.25994 - - - -
09/19/2014 09/23/2014 09/30/2014 0.12079 0.12079 - - - -
06/20/2014 06/24/2014 06/30/2014 0.01800 0.01800 - - - -
03/21/2014 03/25/2014 03/31/2014 0.14347 0.14347 - - - -
12/20/2013 12/24/2013 12/31/2013 0.62315 0.62315 - - - -
09/20/2013 09/24/2013 09/30/2013 0.56828 0.56828 - - - -
06/21/2013 06/25/2013 06/28/2013 0.33404 0.33404 - - - -
03/15/2013 03/19/2013 03/28/2013 0.10566 0.10566 - - - -
12/21/2012 12/26/2012 12/31/2012 0.19501 0.19501 - - - -
09/21/2012 09/25/2012 09/28/2012 0.09640 0.09640 - - - -
06/15/2012 06/19/2012 06/29/2012 0.00000 0.00000 - - - -
03/16/2012 03/20/2012 03/30/2012 0.00000 0.00000 - - - -
09/16/2011 09/20/2011 09/30/2011 0.05146 0.05146 - - - -
06/17/2011 06/21/2011 06/30/2011 0.57752 0.57752 - - - -
12/17/2010 12/21/2010 12/31/2010 0.38070 0.38070 - - - -
09/17/2010 09/21/2010 09/30/2010 0.04618 0.04618 - - - -
06/18/2010 06/22/2010 06/30/2010 0.11570 0.11570 - - - -
12/18/2009 12/22/2009 12/31/2009 0.15513 0.15513 - - - -
09/18/2009 09/22/2009 09/30/2009 0.09489 0.09489 - - - -
06/19/2009 06/23/2009 06/30/2009 0.03040 0.03040 - - - -
03/20/2009 03/24/2009 03/31/2009 0.02272 0.02272 - - - -
12/19/2008 12/23/2008 12/31/2008 0.28932 0.28932 - - - -
09/19/2008 09/23/2008 09/30/2008 0.37277 0.37277 - - - -
06/20/2008 06/24/2008 06/30/2008 0.18833 0.18833 - - - -
03/20/2008 03/25/2008 03/31/2008 0.23844 0.23844 - - - -
12/21/2007 12/26/2007 12/31/2007 0.54101 0.54101 - - - -
09/21/2007 09/25/2007 09/28/2007 0.11266 0.11266 - - - -
06/15/2007 06/19/2007 06/29/2007 0.21792 0.21792 - - - -
03/16/2007 03/20/2007 03/30/2007 0.07235 0.07235 - - - -
12/15/2006 12/19/2006 12/29/2006 0.26528 0.26528 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
12/31/2020 64 21 8 0 0 0 0
09/30/2020 64 17 1 0 0 0 0
06/30/2020 63 18 7 2 0 0 0
03/31/2020 62 20 10 3 0 0 0
Year Ended 2020 253 76 26 5 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
12/31/2020 64 17 17 1 0 0 0
09/30/2020 64 17 19 9 1 0 0
06/30/2020 63 18 7 10 1 0 0
03/31/2020 62 13 7 6 2 0 1
Year Ended 2020 253 65 50 26 4 0 1

Fund Inception : 10/24/2006

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

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.

Certain risks are inherent when investing in listed private equity companies, such as BDCs, other financial institutions or vehicles whose principal business is to invest in and lend capital to, or provide services to privately held companies. Little public information exists for private and thinly traded companies, and there risk that investors may not be able to make a fully informed investment decisions or that the issuer may default on its payments or declare bankruptcy. BDCs tend to invest in less mature private companies, which involve greater risk than well-established, publicly-traded companies.

A significant portion of the Underlying Index is composed of BDCs or other investment companies. The Fund may not acquire greater than 3% of the total outstanding shares of such companies. As a result, the Fund would be required to use sampling techniques, which could increase the risk of tracking error.

An MLP is an entity classified as a partnership under the Internal Revenue Code, and whose partnership interests or “units” are traded on exchanges like common stock. Investments in MLPs units are subject to risks inherent in the MLP's structure, including tax and management risks.

The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

Investments focused in a particular sector, such as financials, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Swaps involve greater risks than direct investments. Swaps are subject to leveraging, liquidity and counterparty risks, and therefore may be difficult to value. Adverse changes in the value or level of the swap can result in gains or losses that are substantially greater than invested, with the potential for unlimited loss.

Depositary receipts involve many of the same risks as a direct investment in foreign securities, and issuers of certain depositary receipts are under no obligation to distribute shareholder communications to the holders or to pass through to them any voting rights with respect to the deposited securities.

The Global Listed Private EquitySM Index includes between 40 and 60 publicly listed private equity companies, including business development companies and other financial institutions or vehicles whose principal business is to invest in and lend capital to privately held companies.

The Red Rocks Capital Listed Private Equity Index is comprised of 25 to 40 public companies which invest in, lend capital to, or provide services to privately held businesses. The Index represents a means of diversified exposure to private equity firms, as well as the consolidated exposure of the underlying portfolio investments.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The product is not sponsored, endorsed, sold or promoted by Red Rocks Capital LLC, and Red Rocks makes no representation regarding the advisability of investing in this fund.