Stock Market

Invesco ETF adjusts index path for semi-annual update via Investing.com

DUBLIN – Invesco Markets III plc has announced an update to the index methodology for the Invesco Global Buyback Achievers UCITS ETF (Exchange Traded Fund), which will take effect before the market opens on February 3, 2025. This change follows a consultation period with the index provider in December 2024 and will see The Nasdaq Global Buyback Achievers Index, which is tracked by ETFs, is up year-to-date. semi-annual rebuild schedule for both of its index sleeves.

The ETF, which trades under ISIN IE00BLSNMW37, will maintain its current policy and strategy, as well as its risk and return profile, despite the change in index methodology. This update is part of the fund’s ongoing changes to align with market trends and Index provider standards.

After implementation of the new index method, the Fund’s Prospectus will be amended to reflect the change. Shareholders will have access to the revised Prospectus free of charge. In the meantime, investors who wish to redeem their ownership as a result of the change can do so in accordance with the transaction provisions described in the existing Prospectus.

The announcement, made by Director Deirdre Gormley on behalf of Invesco Markets III plc, underlines the company’s commitment to keeping shareholders informed of important changes that may affect their investments. Invesco Markets III plc is regulated by the Central Bank of Ireland and offers a range of investment solutions, including this ETF which aims to give investors exposure to companies that participate in share buybacks.

The notice to shareholders is based on a press release from Invesco Markets III plc and is intended to provide factual information about changes to the Fund’s index methodology.

This article was created with the support of AI and reviewed by an editor. For more information see our T&C.




Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button