Invesco launches Next Generation Nasdaq ETF

Synthetic Nasdaq 100 ETF also launched

Invesco has launched a Nasdaq ETF offering investors access to the 101st to 200th largest non-financial securities in the US.

The Invesco Nasdaq Next Generation 100 UCITS ETF will offer physical replication of the new mid-cap Nasdaq Next Generation 100 index, which was launched in August 2020. Invesco deepens ESG offering with launch of two ETFs Constituents of the index are capped at 4%, with the largest name currently representing 3.3%, while technology sits as the most heavily represented sector at 33%, followed by consumer services and healthcare at 22.7% and 22% respectively. Available for an ongoing charges figure (OCF) of 0.25%, the 'Next Generation' fund is the first to offer the European market a...