Invesco Communications S&P US Select Sector

ETF description

This ETF aims to follow the performance of a group of large U.S. companies in the communication services sector. This includes businesses involved in areas such as media, entertainment, internet services, and telecommunications. The fund’s holdings are based on a specific index that selects companies from this sector and limits the size of each company’s influence to ensure no single firm dominates the fund’s performance.

This ETF may appeal to investors who are interested in gaining exposure to the communication services sector of the U.S. stock market. It could be suitable for those who believe in the growth potential of industries like streaming services, social media, and telecommunications.

Issuer details

Invesco is one of the world’s largest ETF providers with over US$680 billion globally in ETF assets under management (as at 31 March 2024). It offers over 140 EMEA ETFs spanning regions and strategies across equities, fixed income and commodities.

Its culture of innovation lets it find new opportunities for investors, as well as ways to improve the performance of core ETF exposures.

Index details

The S&P Select Sector Capped 20% Communications index represents the communication services sector of the S&P 500 Index. Each constituent is weighted by its float‑adjusted market capitalisation and is capped at 19%, with any excess weight distributed amongst all the other uncapped constituents.