Overview
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Description
Invesco NASDAQ-100 Equal Weight UCITS ETF Acc is an exchange-traded fund that tracks the NASDAQ-100 Equal Weighted Index, offering exposure to 100 of the largest non-financial companies listed on the NASDAQ stock exchange. Unlike market-cap weighted benchmarks, it allocates equal weight to each constituent stock, rebalanced quarterly, which mitigates concentration risk from dominant mega-cap firms and ensures balanced sector representation across technology, industrials, consumer services, healthcare, and more. Notable holdings include companies like Micron Technology, Advanced Micro Devices, and Intel. Launched on July 10, 2023, and domiciled in Ireland, this accumulating ETF reinvests dividends to enhance compounding, employs full physical replication, and maintains a low total expense ratio of 0.20% p.a. Managed by Invesco Markets II plc under a UCITS-compliant structure, it appeals to European investors seeking diversified access to innovative U.S. growth stocks. With assets under management around €98-103 million, it provides a passive, long-only strategy focused on net total return performance of the index, less fees.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
Germany
MIC code
XHAM