Invesco debuts first Nasdaq 'next generation' ETF for European market

Mark Battersby
clock • 3 min read

Invesco has launched what it claims is the first ETF in Europe that provides investors targeted exposure to the eligible 101st to 200th largest securities listed on the Nasdaq stock market. Just as the large-cap Nasdaq-100 Index excludes financial companies, so too does the new mid-cap Nasdaq Next Generation 100 Index that launched in August of 2020. The constituents of the Nasdaq Next Generation 100 index are capped at 4% although currently the largest name is 3.3% of the index. The largest sectors currently represented within the index are technology (33.0%), consumer services (22.7...

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