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About INVESCO MORNINGSTAR GLOBAL NEXT GEN UNITS ETF CAD
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Inception date
Jan 18, 2024
Morningstar Global Next Generation Artificial Intelligence Index - CAD - Benchmark TR Net
The fund seeks to track an index of large- to small-cap companies from developed and emerging markets that derive at least 50% of their revenue from subsectors that relate to future software development. These component securities are expected to benefit from long-term structural trends, driven by technological and societal change, which may have a substantial impact on their performance. Index securities are weighted proportionally to their free-float market capitalization, multiplied by the aggregate revenue exposure to applicable subsectors. The index is rebalanced quarterly, starting in March, and reviewed annually in June.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region