The Invesco Semiconductors ETF (PSI) made its debut on 06/23/2005, and is a smart beta exchange traded fund that provides broad exposure to the Technology ETFs category of the market.
Designed to provide broad exposure to the Technology - Semiconductors segment of the equity market, the Invesco Semiconductors ETF (PSI) is a passively managed exchange traded fund launched on June 23, 2005.
Designed to provide broad exposure to the Technology ETFs category of the market, the Invesco Semiconductors ETF (PSI) is a smart beta exchange traded fund launched on 06/23/2005.
| XBER Exchange | US Country |
This investment vehicle is structured as a fund that predominantly focuses its investments on the U.S. semiconductor industry. Specifically, it commits at least 90% of its total assets to securities that are included in the underlying index, which consists of common stocks of companies primarily engaged in the design, manufacturing, and distribution of semiconductors. The selection criterion of the fund emphasizes the crucial role semiconductors play in the modern technology landscape, highlighting companies with substantial contributions to computing, telecommunications, and consumer electronics. It's important to note that the fund operates with a non-diversified portfolio, meaning it may invest more heavily in fewer securities, potentially increasing the impact of the performance of individual investments on the fund's overall returns.
The fund invests primarily in securities belonging to companies in the U.S. semiconductor industry. These constituents are carefully selected based on their significant involvement in semiconductor manufacturing. This includes those creating integrated circuits, microprocessors, and other semiconductor technologies that form the backbone of numerous electronic devices.
By focusing on semiconductor companies, the fund offers investors targeted exposure to a sector that is fundamental to advancements in technology and digital innovation. This specialized industry exposure is designed for investors looking to capitalize on the growth and development of the semiconductor market, acknowledging the sector's cyclical nature and its sensitivity to global supply chain dynamics and technological advancements.