Invesco S&P MidCap 400 QVM Multi-factor ETF (QVMM)

Overview

The fund operates within the financial industry, focusing primarily on mid-cap investment opportunities. By allocating at least 90% of its total assets into securities that are part of the underlying index, it maintains a strategic approach to investment that is both disciplined and aligned with its predefined guidelines. The index provider plays a crucial role in this process, as it is responsible for compiling, maintaining, and calculating the underlying index. This index aims to reflect the performance of the top 90% of the stocks listed in the S&P MidCap 400® Index, specifically excluding those stocks that score the lowest in terms of quality, value, and momentum multi-factor analysis. This methodological approach positions the fund to potentially capitalize on mid-cap securities that are assessed to have favorable multi-factor attributes.

Products and Services

• Index-Based Investment Product:

This product targets investors looking to gain exposure to mid-cap stocks through an index-based approach. The fund invests in securities that form part of an underlying index designed to measure the performance of the bulk of the S&P MidCap 400® Index, excluding the lower-ranking stocks based on a multi-factor score system. It enables investors to participate in the potential growth of mid-cap companies while adhering to a methodology that seeks to exclude lower-quality stocks.