Invesco Defensive Equity ETF (ZFEB)

Overview

This fund is structured to primarily invest in securities that are part of its underlying index, dedicating at least 80% of its total assets towards such investments. The unique focus of the underlying index is on companies demonstrating the most stable gross profit margins over the past five years, indicating a consistent operational performance. The investment strategy is to replicate the composition of the underlying index, thus the fund's investments may be concentrated in specific industries or groups of industries only if the underlying index similarly exhibits such concentration. This method ensures that the fund's investment portfolio mirrors the sectoral focus and risk profile of the underlying index.

Products and Services

• Securities Investment

  This product centers around the fund's core activity of investing in securities that form part of the underlying index. These investments are primarily in companies that show minimal variability in their annual gross profit margins over a defined period, aiming for stability and reliability in the fund’s growth.

• Industry Concentration Strategy

  As part of its investment approach, the fund adopts a strategy where it may concentrate its investments in securities of issuers from specific industries or groups of industries. This strategy is strictly followed to the extent that the underlying index is concentrated in those sectors, ensuring alignment with the index's focus and risk distribution.