Overview
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Description
Invesco QQQ Trust, Series 1 CEDEAR is a certificate of deposit for Argentine investors representing shares of the Invesco QQQ Trust, Series 1, an exchange-traded fund that tracks the Nasdaq-100 Index. This ETF holds the 100 largest nonfinancial companies listed on Nasdaq, primarily focusing on innovative leaders in technology, communication services, consumer discretionary, and other growth-oriented sectors such as artificial intelligence, cloud computing, cybersecurity, e-commerce, and biotechnology. It provides diversified exposure to these market-leading firms without the need for individual stock selection, offering a passively managed vehicle for accessing companies driving economic innovation. The fund's structure emphasizes market-cap weighting, with regular rebalancing to maintain relevance amid evolving industry trends. Invesco QQQ Trust, Series 1 CEDEAR enables Argentine market participants to gain this targeted U.S. large-cap growth exposure through a locally accessible format, serving as a core or satellite holding in diversified portfolios focused on long-term innovation themes.
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Instrument type
ETF
Country
Argentina
MIC code
XBUE