RSP
- Invesco S&P 500 Equal Weight ETFKey Information
Earliest date | 2003-04-30 |
About RSP
TheFund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index.Strictlyin accordance with its guidelines and mandated procedures, S&PDow Jones Indices LLC (“S&P DJI” or the “Index Provider”) compiles, maintains and calculates the UnderlyingIndex, which consists of all of the components of the S&P 500®Index (the “Parent Index”). TheParent Index is designed to measure the performance of equity securities of larger U.S. companies. The Underlying Index is an equal-weightedversion of the Parent Index. “Equal weighting” means that, unlike the Parent Index, which employs a float-adjusted marketcapitalization weighted methodology, the Underlying Index assigns each component security the same weight at each quarterly rebalance.Asof June 30, 2023, the Underlying Index was comprised of 503 constituentswith market capitalizations ranging from $3.1 billion to $3.1trillion. TheFund employs a “full replication” methodology in seeking to track the Underlying Index, meaning that the Fund generally investsin all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.ConcentrationPolicy. TheFund will concentrate its investments (i.e., invest more than 25% of the value of its net assets) in securities of issuers in any oneindustry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries.The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.