Invesco S&P SmallCap 600 GARP ETF (GRPZ)

Overview

This financial entity is set up to mirror the investments of a specific index, focusing on small-cap growth stocks with considerable potential for high quality and value. By committing at least 90% of its assets into securities represented in the underlying index, it seeks to emulate the performance of select S&P SmallCap 600® Index members—specifically, approximately 90 growth-oriented companies that score well on quality and value metrics. The fund operates with a non-diversified investment approach, aiming to optimize returns by concentrating its investments in this specified segment of the market.

Products and Services

• Securities Investment

  This is the fund's primary service, involving the allocation of at least 90% of its total assets into the securities that make up its underlying index. By investing in this manner, the fund seeks to track the performance of selected growth stocks from the S&P SmallCap 600® Index that have been identified as having high quality and value.

• Non-Diversified Fund Portfolio

  Unlike diversified funds that spread investments across a wide array of sectors and companies, this fund employs a non-diversified strategy. It focuses its investments on approximately 90 growth stocks, leveraging the potential for significant returns from a concentrated portfolio of small-cap companies that are assessed to have high quality and value composite scores.