Invesco Nasdaq-100 Income Advantage UCITS ETF Dist

Investment objective: The objective of the Fund is to aim to provide total return through the provision of income and long-term capital growth. Investment approach: The Fund is an actively managed ETF. To achieve the investment objective the Fund will generally: 1) invest in an 'Equity Component', which is designed to replicate the performance of the NASDAQ-100 Index(the 'Benchmark'). The Fund will invest in US equity securities in proportion to their weightings in the Benchmark as far as possible and practicable; and 2) employ an 'Income Generation Component', which seeks to generate income and provide downside protection by investing in options and/or ELNs (equity linked notes), together with holdings in cash and/or cash equivalent securities. Options are financial contracts that represent the right to buy or sell an asset at a stated price within a specified period. ELNs are hybrid instruments, which combine the characteristics of investing in underlying equity securities or an index of equity securities and a related equity derivative, such as a put or call option, in a single note form. The Fund seeks to generate income using covered call and/or cash secured put strategies. The covered call strategy consists of selling call options against the Benchmark. The cash secured put strategy consists of holding cash and/or cash equivalent securities to fully collateralise put options sold against the Benchmark. It is intended that income will be generated through the sale of the options. This is based on the Fund being generally entitled to receive premia generated through the use of options and/or ELNs, which will provide recurring cash flow to the Fund. The Fund will maintain holdings in cash and cash equivalent securities (such as US Treasury Bills and money market funds) as part of the cash secured put strategy, to seek to provide additional downside protection by limiting the Fund's exposure to broad equity market risk. The Fund is actively managed in reference t

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No